Technical analysis EURGBP for 12.09.2022
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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.87200. The closest support is the level 0.86550

Key levels
- 0.88020, 0.87580, 0.87200, 0.86550, 0.86150, 0.85600
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.87200, with Take Profit of 0.87580 and Stop Loss of 0.86850
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.86550, with Take Profit of 0.86150 and Stop Loss of 0.86850