Technical analysis EURGBP for 23.09.2022
23.09.2022 09:17
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.87780. The closest support is the level 0.87230
Key levels
- 0.89050, 0.88390, 0.87780, 0.87230, 0.86740, 0.86190
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.87780, with Take Profit of 0.88390 and Stop Loss of 0.87500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.87230, with Take Profit of 0.86740 and Stop Loss of 0.87500
Scenario
Recommendation
BUY STOP
Entry Point
0.87780
Take Profit
0.88390
Stop Loss
0.87500
Key Levels
0.89050, 0.88390, 0.87780, 0.87230, 0.86740, 0.86190
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.87230
Take Profit
0.86740
Stop Loss
0.87500