Technical analysis GBPUSD for 19.09.2023
19.09.2023 01:24
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 resistance is the level 1.25010. The closest support is the level 1.22650
Key levels
- 1.29410, 1.27230, 1.25010, 1.22650, 1.20150
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.25010, with Take Profit of 1.27230 and Stop Loss of 1.23850
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.22650, with Take Profit of 1.20150 and Stop Loss of 1.23850
Scenario
Recommendation
BUY STOP
Entry Point
1.25010
Take Profit
1.27230
Stop Loss
1.23850
Key Levels
1.29410, 1.27230, 1.25010, 1.22650, 1.20150
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.22650
Take Profit
1.20150
Stop Loss
1.23850