Technical analysis EURGBP for 30.12.2021
30.12.2021 10:42
Intraday
Technical
The Tenkan-sen line is located below 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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.8400. The closest resistance is the level 0.8430
Key levels
- 0.5898, 0.8445, 0.8515, 0.8485, 0.8460, 0.8430, 0.8400, 0.8375, 0.8340
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 0.8430, with Take Profit of 0.8375 and Stop Loss of 0.8460
Alternative scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 0.8430 and Stop Loss of 0.8375
Scenario
Recommendation
SELL LIMIT
Entry Point
0.8430
Take Profit
0.8375
Stop Loss
0.8460
Key Levels
0.5898, 0.8445, 0.8515, 0.8485, 0.8460, 0.8430, 0.8400, 0.8375, 0.8340
Alternative scenario
Recommendation
BUY
Entry Point
Take Profit
0.8430
Stop Loss
0.8375