Technical analysis GBPUSD for 31.07.2023

31.07.2023 01:06
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 above the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.29500. The closest support is the level 1.27510

Key levels

  • 1.30870, 1.29500, 1.27510, 1.25890, 1.24320

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.29500, with Take Profit of 1.30870 and Stop Loss of 1.28520

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.27510, with Take Profit of 1.25890 and Stop Loss of 1.28520

Guión
Recomendación
BUY STOP

Punto de entrada
1.29500

Take Profit
1.30870

Stop Loss
1.28520

Niveles clave
1.30870, 1.29500, 1.27510, 1.25890, 1.24320
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.27510

Take Profit
1.25890

Stop Loss
1.28520