Technical analysis GBPJPY for 15.09.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 165.980. The closest support is the level 164.800

Key levels
- 167.360, 166.600, 165.980, 164.800, 164.000, 163.400
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 165.980, with Take Profit of 166.600 and Stop Loss of 165.350
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 164.800, with Take Profit of 164.000 and Stop Loss of 165.350