Technical analysis GBPUSD for 12.11.2024
12.11.2024 19:38
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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.27032. The closest resistance is the level 1.27652
Key levels
1.26613, 1.27032, 1.27652, 1.28071, 1.28400
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 1.27652, with Take Profit of 1.28400 and Stop Loss of 1.27032
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 1.27032, with Take Profit of 1.26613 and Stop Loss of 1.27652
Scenario
Recommendation
BUY LIMIT
Entry Point
1.27652
Take Profit
1.28400
Stop Loss
1.27032
Key Levels
1.26613, 1.27032, 1.27652, 1.28071, 1.28400
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
1.27032
Take Profit
1.26613
Stop Loss
1.27652