Gbp/Chf

1.3615 is strong support if price fail to break it price will rise to 1.3820 and then 1.39 but if price break the low we will see further landing on this pair

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

GBPCHF Trend is buy


1 Resistance is: 1.27711
2 Resistance is: 1.25243
3 Resistance is: 1.23985


1 Supporting is: 1.21528
2 Supporting is: 1.20302
3 Supporting is: 1.17837

Current price @ 1.3298.

Clear trend that formed a bearish trend. but what I felt, I was afraid to open a direct position for fear the trend is over. then I put SELL LIMIT @1.3427 ( SMA High H4 )
And @ 1.3605 (EMA 62 H4 and strong SnR).

Forex Forecast with price level
GBP/CHF - pair in focus.
Current Price - 1.2851
main support level - 1.2842
main resistance level - 1.2859
Pair likely to be in Sell today.

Gbp/Chf trends to bearish

1 Resistance 1.2771
2 Resistance 1.2527
3 Resistance 1.2383

1 Supporting 1.2273
2 Supporting 1.2153
3 Supporting 1.2031

Price is currently at 1.2677, and is in the area between High School Weekly with BB W SD-1.

if so will prices rising, the next observation points are at:
1.) MA Weekly 1.2801
2.) BB W +1 SD 1.3013

even if the price is DECREASING onwards, the dots are on the next observation:
1.) BB W SD-1 1.2590
2.) BB W SD-2 1.2378

Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.2851
This currency name - GBP/CHF
Resistance and Target - 1.2860
Support and Stop Loss - 1.2842
Always follow Long time frame market trend.
Signal is Sell.

I anticipate this pair GBP CHF have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.

I recommend to take LONG position today.

time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.

Gbpchf
british pound / swiss franc
1.28510
chf
−0.00019 (−0.01%)
market open
1.28529
prev
1.28529
open
38.598k
volume
1.28463 — 1.28716