Technical analysis GBPUSD for 23.01.2024
23.01.2024 18:48
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.26890. The closest support is the level 1.26250
Key levels
- 1.27750, 1.27370, 1.26890, 1.26250, 1.25810, 1.25410
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.26890, with Take Profit of 1.27370 and Stop Loss of 1.26580
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.26250, with Take Profit of 1.25810 and Stop Loss of 1.26580
Scenario
Recommendation
BUY STOP
Entry Point
1.26890
Take Profit
1.27370
Stop Loss
1.26580
Key Levels
1.27750, 1.27370, 1.26890, 1.26250, 1.25810, 1.25410
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.26250
Take Profit
1.25810
Stop Loss
1.26580