Technical analysis GBPUSD for 30.06.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
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 support is the level 1.2115. The closest resistance is the level 1.2170
Key levels
- 1.2405, 1.2295, 1.2220, 1.2170, 1.2115, 1.2045, 1.1930
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.2220 and Stop Loss of 1.2150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.2115, with Take Profit of 1.2045 and Stop Loss of 1.2170
Scenario
Recommendation
BUY
Entry Point
Take Profit
1.2220
Stop Loss
1.2150
Key Levels
1.2405, 1.2295, 1.2220, 1.2170, 1.2115, 1.2045, 1.1930
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.2115
Take Profit
1.2045
Stop Loss
1.2170
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.