Technical analysis EURGBP for 05.07.2022

05.07.2022 09:02
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud turned over from ascending to descending. Instrument adjusted to the upper border of the cloud. The closest support is the level 0.8610. The closest resistance is the level 0.8640

Key levels

  • 0.8715, 0.8670, 0.8640, 0.8610, 0.8560, 0.8511

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 0.8560 and Stop Loss of 0.8640

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.8640, with Take Profit of 0.8670 and Stop Loss of 0.8610
Guión
Recomendación
SELL

Punto de entrada

Take Profit
0.8560

Stop Loss
0.8640

Niveles clave
0.8715, 0.8670, 0.8640, 0.8610, 0.8560, 0.8511
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.8640

Take Profit
0.8670

Stop Loss
0.8610