Technical analysis GBPUSD for 07.03.2022

07.03.2022 13:10
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 1.31000. The closest resistance is the level 1.32100

Key levels

  • 1.36800, 1.36075, 1.35100, 1.34325, 1.33600, 1.32900, 1.32100, 1.31000, 1.29625

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.31000 and Stop Loss of 1.32000

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.32100, with Take Profit of 1.32900 and Stop Loss of 1.31700
Guión
Recomendación
SELL

Punto de entrada

Take Profit
1.31000

Stop Loss
1.32000

Niveles clave
1.36800, 1.36075, 1.35100, 1.34325, 1.33600, 1.32900, 1.32100, 1.31000, 1.29625
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.32100

Take Profit
1.32900

Stop Loss
1.31700