according to h1 time frame we can see that price is hold at the support level at 1.4302 it is also making some doji pattern that will a signal for upcoming up movement. we can long this pair with stop loss 1.4285 and target is 1.4381
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according to h1 time frame we can see that price is hold at the support level at 1.4302 it is also making some doji pattern that will a signal for upcoming up movement. we can long this pair with stop loss 1.4285 and target is 1.4381
in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640
The pair is likely up to reach its daily pivot level 1.4569. If it rejected by pivot, the pair will likely fall towards 1.4493 and may continue to 1.4450, however if pivot is broken, it is possible to climb up towards 1.4688
in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640
Gbp/Chf technical analysis is Bullish
1. Resistance Level:1.2645
2. Resistance Level:1.2566
3. Resistance Level: 1.2664
1. Supporting Level: 1.2623
2. Supporting Level: 1.2614
3. Supporting Level: 1.2604
Today gbp/chf current rate : 1.26283
Today by observing all the routine of the market carefully i have come to knwo that the most
suitable and the most profitable selling point will be 1.26087
and today the msot profitable buy point will be 1.26350
I hope you will follow my signals
good luck
The following data is predicted based on indicators that we use for the currency pair GBPCHF today, for today's resistance levels as follows: RI (1.4576) R II (1.4616) R III (1.4692). and to this day support levels as follows: SI (1.4395) S II (1.4342) S IIII (1.4286)
recommendation:
sell limit in R II, is good way to make profit from sell order, and take in here and target profit is 20 pips
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in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640
The British pound, a floating currency since 1971, is the oldest legal tender still in use today. It has maintained strength over the years for many reasons including strength in its major industries: manufacturing, agriculture, energy, and services. GBP is number three as a reserve currency and the fourth most internationally traded currency. The bank of England, located in London, is the governing body for GBP. London is also the premier hub for forex trading. In 2008 GPB began to inflate rapidly. In spite of its membership in the European Union, the United Kingdom has been reticent to convert to the euro and there is little reason to expect a change in this decision.