Technical analysis GBPAUD for 13.07.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward 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 1.7520. The closest resistance is the level 1.7615
Key levels
- 1.7800, 1.7730, 1.7660, 1.7615, 1.7570, 1.7520, 1.7455
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.7660 and Stop Loss of 1.7570
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.7570, with Take Profit of 1.7520 and Stop Loss of 1.7615