Technical analysis GBPUSD for 17.05.2022

17.05.2022 09:20
Intradía
Técnico

The Tenkan-sen line crosses bottom upward the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.23900. The closest support is the level 1.23240

Key levels

  • 1.24480, 1.24220, 1.23900, 1.23240, 1.22870, 1.22540

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.23900, with Take Profit of 1.24220 and Stop Loss of 1.23550

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.23240, with Take Profit of 1.22870 and Stop Loss of 1.23550
Guión
Recomendación
BUY STOP

Punto de entrada
1.23900

Take Profit
1.24220

Stop Loss
1.23550

Niveles clave
1.24480, 1.24220, 1.23900, 1.23240, 1.22870, 1.22540
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.23240

Take Profit
1.22870

Stop Loss
1.23550