Technical analysis GBPJPY for 12.09.2023
The Tenkan-sen line is located below 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 support is the level 183.075. The closest resistance is the level 183.775

Key levels
- 184.300, 183.775, 183.075, 182.550, 181.775
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 183.075, with Take Profit of 183.775 and Stop Loss of 182.550
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 182.550, with Take Profit of 181.775 and Stop Loss of 183.075