Technical analysis GBPUSD for 26.11.2021
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.33175. The closest resistance is the level 1.33550
Key levels
- 1.3667, 1.3605, 1.3527, 1.3455, 1.3412, 1.3355, 1.3317, 1.3260, 1.3202
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.3317, with Take Profit of 1.3355 and Stop Loss of 1.3260
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 1.3355, with Take Profit of 1.3317 and Stop Loss of 1.3412