The British central bank (BoE) has revised its outlook downward until 2017 (just after the re-election of David Cameron ..) while aligning with market timing that rising interest rates could not begin before mid-2016.
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The British central bank (BoE) has revised its outlook downward until 2017 (just after the re-election of David Cameron ..) while aligning with market timing that rising interest rates could not begin before mid-2016.
I think that this is a good opportunity to get in short position because of the red trendline decree below with take profit at 1.3814.
http://img.prntscr.com/img?url=http:...om/yVSqjGA.png
Hello thank you very much, my dear brother on the unique updates of its kind I hope that the benefit of all members of the Forum and as especially novices them
And to learn from all trades that are the focus and perseverance
About a month ago GBPCHF entered into a wave of harsh rise in which more than 1,200 points, up until this moment.
This comes in light of the Japanese central bank to keep its policy to weaken the yen through the stimulus programs for the lack of access
To the observed inflation targets, in contrast to achieve economic stability and the pound, especially after the success of the political party
The current prime ministries David Cameron, where these factors have led to this strong climb.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still has not touched the pivot point at 1.4447, and predicted that the market will be heading to the second support at 1.4335
Recommendation: Sell limit at the pivot point
GBPCHF saw last week, the highest price since nearly six months to come back before the end of the week and the patch today.
Where the pair opened trading on the decline following a drop in house prices index, which dropped to 0.1% vs. 1.6%
Which led to the strengthening of the decline for the pair, as we now see with the pair since the opening 90 points so far, and this pair is expected on Wednesday
10:30 GMT Cairo UK CPI, where expectations for his survival as the former refers to 0.0%
This important and sensitive cursor is because it measures the levels of inflation in the country and issued a month, came the status of any number higher 0.0%
The pair will fly to the top, as well as the status of any number came negative 0.0% the lowest we will see a drop quite a pair.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: In the Fibonacci 261.8 is the target for the bullish trend in the price of 1.4745. However, for the time being predicted that the market would be a correction and sideways in the range of 1.4596
Recommendation: Buy limit at 1.4596
Be at GBP francs during the past few days about the 1.4607 resistance line prices for Frame hour and four hours.
Where the resistance line three Artkazat husband and succeeded today to penetrate this resistance and closed at Nilai Frame time.
But the Frame four hours so far has not closed the highest.
So I think that the status of support closing time four-hour closing candle highest support 1.4607 almost time
The pair will continue to climb towards the next resistance that resides around the 1.4710 and close to the trend line prices
Clear bearish on the daily Frame.
GBP / CHF has moved away lower since reaching the level of 1,540 / 50 before, as seen here. The pair looks to have climbed towards the 1.4500 level and can achieve an increase of here. Minimum increase of 1.5000 seen at the current price or higher. Recommended to survive in the purchase and add the new positions at current levels with risk below 1.4500. Intermediate support seen at 1.4400, followed by 1.5000 and 1.5140 / 50.may be level 1.4500 will touch in next week.
I think that we should wait until the price break the resistance level at 1.4683 then we get in long position with take profit at 1.4822.
http://img.prntscr.com/img?url=http:...om/Ox5k8lK.png
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