Technical analysis GBPUSD for 24.03.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level . The closest support is the level
Key levels
- 1.35150, 1.34000, 1.33200, 1.32250, 1.31250, 1.30650, 1.29525
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 1.31250 and Stop Loss of 1.32250
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 1.31250, with Take Profit of 1.32250 and Stop Loss of 1.30650