Technical analysis GBPUSD for 22.11.2024
22.11.2024 07:38
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.255. The closest resistance is the level 1.261
Key levels
1.252, 1.255, 1.261, 1.264, 1.267
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 1.255, with Take Profit of 1.267 and Stop Loss of 1.252
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 1.264, with Take Profit of 1.252 and Stop Loss of 1.267
Scenario
Recommendation
BUY LIMIT
Entry Point
1.255
Take Profit
1.267
Stop Loss
1.252
Key Levels
1.252, 1.255, 1.261, 1.264, 1.267
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
1.264
Take Profit
1.252
Stop Loss
1.267