Technical analysis GBPJPY for 30.11.2021
The Tenkan-sen line is located above 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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 149.900. The closest resistance is the level 151.000
Key levels
- 155.900, 154.585, 153.510, 152.350, 151.00, 149.900, 149.000
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 151.00, with Take Profit of 149.900 and Stop Loss of 151.500
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 149.900, with Take Profit of 151.000 and Stop Loss of 149.000