Technical analysis GBPUSD for 19.09.2022
19.09.2022 09:11
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.1360. The closest resistance is the level 1.1430
Key levels
- 1.1715, 1.1605, 1.1535, 1.1430, 1.1360
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.1360, with Take Profit of 1.1255 and Stop Loss of 1.1430
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.1430, with Take Profit of 1.1535 and Stop Loss of 1.1356
Scenario
Recommendation
SELL STOP
Entry Point
1.1360
Take Profit
1.1255
Stop Loss
1.1430
Key Levels
1.1715, 1.1605, 1.1535, 1.1430, 1.1360
Alternative scenario
Recommendation
BUY STOP
Entry Point
1.1430
Take Profit
1.1535
Stop Loss
1.1356