Gbp/Chf

GBP/CHF market price technical analysis

the market price is going up and could go more up
the market is in buy position

expected resistance levels 1.3051----------1.3056----------1.3065
expected support levels 1.3040----------1.3030----------1.3020

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Originally Posted by siddesh

The GBP/CHF has maintained a well defined descending channel formation since the start of April as haven flows continued to support the franc.

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The GBP/CHF has maintained a well defined descending channel formation since the start of April as haven flows continued to support the franc.1.3021 support level, I predict this pair will make some correction to the next support level at around 1.2971
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.3036 and take profit at 1.3121
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

bullish trend seems to be taking place on the gbpchf pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
gbpchf bullish trend can continue , now current price at 1.3046 and strong support at level 1.3026 in hourly time frame. there is possible chance price will move to up side. then next high price is 1.3100

I suggest to entry BUY with stoploss at 1.3010 and take profit at 1.3100
I hope you can earn consistent profit from my signal, good luck

The position of the current price is below 50 EMA on the hourly chart, momentum is bearish
The position of the MACD iscross the line under area 0, the momentum is bearish
Trend today: Bearish
Target today:1.4164

Based on the hourly chart of the blade oscillator the GBPCHF is having a weak bearish trend by locating at 0.0024 below the level of balance and the indicator is blue colored that means there is a weak bearish move will happen in a short time .
By using moving average 5 we will notice a down slope so 1.5265 could be considered a good stop loss for if there were sell positions as it is considered the last top by using the indicators signals .

the more probably trend here = bearish. And I see this bearish supported by the price that now on was near overbought area. For today move = I see this pair will probably more bearish if then price can break down to that 23.6 fib line (1.5303) = break from top.

The position of the current price is below 50 EMA on the daily chart, momentum is bearish
The position of the MACD iscross the line under area 0, the momentum is bearish
Trend today: Bearish
Target today:1.4158

gbpchf pair ka kafi time se downtrend chal raha tha jo ki ab thdoa sa stable hua hai
yaha se isne uptrend ke kuch signals diey hai jo ki thode se strong bhi lagte hai
1.3190 ke pas iska 1 chota sa support hai jisse agar ye tod deta hai to isko buy kiya ja sakta hai jiska tp 1.3300 rakha ja sakta hai

Gold is showing little movement on Tuesday, as the spot price stands at $1177.61 per ounce. On the release front, there are a host of US events ahead of the Christmas holiday. There are four key events on the calendar – Core Durable Goods Orders, Final GDP, UoM Consumer Sentiment and New Homes.

My dear Sir today's off my technical analysis is support and resistance level off GBP CHF selling strong to ⤵


Resistance level◀◀1.31908
Resistance level◀◀1.31516
Resistance level◀◀1.31002


Supporting level◀◀1.30096
Supporting level◀◀1.29704
Supporting level◀◀1.29190