Technical analysis GBPJPY for 03.09.2024
03.09.2024 01:28
Intraday
Technical
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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 192.500. The closest resistance is the level 193.525
Key levels
- 194.750, 193.525, 192.500, 191.900, 191.150
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 192.500, with Take Profit of 193.525 and Stop Loss of 191.900
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 191.900, with Take Profit of 191.150 and Stop Loss of 192.500
Scenario
Recommendation
BUY LIMIT
Entry Point
192.500
Take Profit
193.525
Stop Loss
191.900
Key Levels
194.750, 193.525, 192.500, 191.900, 191.150
Alternative scenario
Recommendation
SELL STOP
Entry Point
191.900
Take Profit
191.150
Stop Loss
192.500