Technical analysis GBPAUD for 04.11.2022

04.11.2022 01:59
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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 1.78260. The closest support is the level 1.77030

Key levels

  • 1.79920, 1.79090, 1.78260, 1.77030, 1.76340, 1.75680

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.78260, with Take Profit of 1.79090 and Stop Loss of 1.77650

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.77030, with Take Profit of 1.76340 and Stop Loss of 1.77650
Guión
Recomendación
BUY STOP

Punto de entrada
1.78260

Take Profit
1.79090

Stop Loss
1.77650

Niveles clave
1.79920, 1.79090, 1.78260, 1.77030, 1.76340, 1.75680
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.77030

Take Profit
1.76340

Stop Loss
1.77650