Technical analysis GBPJPY for 01.08.2022

01.08.2022 02:02
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 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 162.570. The closest support is the level 161.730

Key levels

  • 164.310, 163.400, 162.570, 161.730, 160.950, 160.100

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 162.570, with Take Profit of 163.400 and Stop Loss of 162.250

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 161.730, with Take Profit of 160.950 and Stop Loss of 162.250
Guión
Recomendación
BUY STOP

Punto de entrada
162.570

Take Profit
163.400

Stop Loss
162.250

Niveles clave
164.310, 163.400, 162.570, 161.730, 160.950, 160.100
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
161.730

Take Profit
160.950

Stop Loss
162.250