Technical analysis EURGBP for 14.06.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.86050. The closest support is the level 0.84720

Key levels
- 0.87070, 0.86400, 0.86050, 0.84720, 0.84210, 0.83850
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.86050, with Take Profit of 0.86400 and Stop Loss of 0.85550
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.84720, with Take Profit of 0.84210 and Stop Loss of 0.85550