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Dear i.forex members
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.
Dear i.forex members
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.
Pivot, Resistance Levels and Support Levels for GBP / CHF
Calculation For Trading:
Resistance Level (R3): 1.293
Resistance Level (R2): 1.288
Resistance Level (R1): 1.283
Pivot Point: 1.278
Support Level (S1): 1.272
Support Level (S2): 1.267
Support Level (S3): 1.262
GBP/CHF is the abbreviation for the British Pound and Swiss Franc pair. It shows how much the GBP (base currency) is worth as measured against the CHF (counter currency). For example, GBP/CHF = 1.2362 indicates that one British Pound can buy 1.2362 Swiss Francs.
The Pound/Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The Swiss Franc is considered a benchmark safe haven currency due to its history as a refuge for wealthy individuals from foreign shores looking to safe guard capital. In turn, the British Pound is one of the premier reserve currencies and represents the world's largest financial center.
the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see
The Pound/Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The Swiss Franc is considered a benchmark safe haven currency due to its history as a refuge for wealthy individuals from foreign shores looking to safe guard capital. In turn, the British Pound is one of the premier reserve currencies and represents the world's largest financial center.
Winning signals - Profit signals.
Today Target Pair - GBP/CHF
Today main profit zone .
1.2831 - 1.2933 - 1.2993
Today main support zone.
1.2507 - 1.2609 - 1.2669
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis ka trend down
hota jaa raha hai
Weekly trending upwards - Lagging span above cloud - Future cloud bullish
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