Technical analysis GBPUSD for 12.05.2022

12.05.2022 09:08
Intradía
Técnico

The Tenkan-sen line approaches below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is above 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 1.22360. The closest support is the level 1.21620

Key levels

  • 1.23420, 1.22700, 1.22360, 1.21620, 1.21000, 1.20410

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.22360, with Take Profit of 1.22700 and Stop Loss of 1.21900

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.21620, with Take Profit of 1.21000 and Stop Loss of 1.21900
Guión
Recomendación
BUY STOP

Punto de entrada
1.22360

Take Profit
1.22700

Stop Loss
1.21900

Niveles clave
1.23420, 1.22700, 1.22360, 1.21620, 1.21000, 1.20410
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.21620

Take Profit
1.21000

Stop Loss
1.21900