Technical analysis EURGBP for 27.06.2022

27.06.2022 09:04
Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is descending. Instrument adjusted to the Kijun-sen line. The closest support is the level 0.8593. The closest resistance is the level 0.8640

Key levels

  • 0.8715, 0.8640, 0.8593, 0.8555, 0.8515, 0.8470

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.8640 and Stop Loss of 0.8555

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.8555, with Take Profit of 0.8515 and Stop Loss of 0.8593
Scenario
Recommendation
BUY

Entry Point

Take Profit
0.8640

Stop Loss
0.8555

Key Levels
0.8715, 0.8640, 0.8593, 0.8555, 0.8515, 0.8470
Alternative scenario
Recommendation
SELL STOP

Entry Point
0.8555

Take Profit
0.8515

Stop Loss
0.8593