Technical analysis GBPAUD for 31.08.2022

31.08.2022 02:13
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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.69425. The closest resistance is the level 1.70265

Key levels

  • 1.71200, 1.70265, 1.69425, 1.68500, 1.67050

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.69425, with Take Profit of 1.68500 and Stop Loss of 1.70265

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.70265, with Take Profit of 1.71200 and Stop Loss of 1.69425
Guión
Recomendación
SELL STOP

Punto de entrada
1.69425

Take Profit
1.68500

Stop Loss
1.70265

Niveles clave
1.71200, 1.70265, 1.69425, 1.68500, 1.67050
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.70265

Take Profit
1.71200

Stop Loss
1.69425