Technical analysis GBPAUD for 13.12.2022
The Tenkan-sen line is located below the Kijun-sen line. Blue is directed downward, while red remains horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart
The Tenkan-sen line is located below the Kijun-sen line. Blue is directed downward, while red remains horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.81600. The closest resistance is the level 1.82200
Key levels
- 1.82950, 1.82200, 1.81600, 1.81000, 1.80200
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.81600, with Take Profit of 1.82200 and Stop Loss of 1.81000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.81000, with Take Profit of 1.80200 and Stop Loss of 1.81600
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.