Gbp/Chf

24th October 2019


The pair is : Gbp/Chf

Today Trend is : Buy


>Resistance<>1.2862
>Resistance<>1.2854
>Resistance<>1.2843

>Supporting<>1.2773
>Supporting<>1.2762
>Supporting<>1.2746

GBPCHF moved in a strong bearish movement on the last Friday and had touched and had been rejected by the support level at 1.4674. But I think the rejection was not too strong. I think with the bearish strength on the previous movement, I think GBPCHF still be possible to break 1.4674 support level and continue falling to the next support level at around 1.4623.

gbp>>chf.....

In my observation the profitable next selling point will be 1.2765

and by my mind the profitable next buy point will be 1.2561.

I think that the successful key points for selling and buying for this pairs.

You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.

note;simply moving on parabolic levels entry.

GBPCHF Trend is sell


1 Resistance is: 1.2773
2 Resistance is: 1.2527
3 Resistance is: 1.2381


1 Supporting is: 1.2272
2 Supporting is: 1.2154
3 Supporting is: 1.2035

if we looks closely this pair had form a 5 wave swing for the 6 april this year and from my mtp is have reach the min wave 5 level......if the pullback change major trend then we can see this price will reach the opposite projection area at 14000 for the 1st swing up

Pivot points1.2795

Resistance 1=1.2800
Resistance 2=1.2804
Resistance 3=1.2809

Support 1=1.2790
Support 2=1.2786
Support 3=`1.2781

24th October 2019


The pair is : Gbp/Chf

Today Trend is : Buy


>Resistance<>1.2753
>Resistance<>1.2828
>Resistance<>1.2842

>Supporting<>1.2743
>Supporting<>1.2654
>Supporting<>1.2638

GBP/CHF
1.2796+0.0039(+0.3112%)
06:17:31(GMT)|Real-Time Data, Quoted in CHF
Open
1.2756
Day's Range
1.2745 - 1.2802
Class
Currencies
Bid/Ask
1.2795/1.2797

Forex Forecast with price level
GBP/CHF - pair in focus.
Current Price - 1.2795
main support level - 1.2786
main resistance level - 1.2803
Pair likely to be in Sell today.

Dear i.forex members Goodmorning

Gbp.chf

On this Day i will predicted this pair have being bearish down direction.

the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.

the market trend could remain in this position and I expected support resistance levels.

A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.

I suggest to take short terms position on SELL today.

time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade thats giver big pips total intraday.