Gbp/Chf

[Arshad170]

Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....

[Hassinali]

GBP/CHF Exchange Rate Falls, UK GDP Report for Q1 Hit by Biggest Contraction in 40-Years
The Pound to Swiss Franc (GBP/CHF) exchange rate fell by -0.2% today, with the pairing currently trading around 1.16fr.

Sterling struggled today following this morning’s release of the UK’s latest GDP figure for the first quarter, which fell below forecasts from -2% to -2.2%. As a result, GBP investors have become increasingly concerned for Britain’s economic recovery going forward.

Samuel Tombs, chief UK economist at Pantheon Macroeconomics, was notably gloomy in his outlook, commenting:

‘The biggest contraction for 40 years, even though Q1 contained just nine lockdown days.’

Mr Tombs also added that today’s data was ‘just the prelude’, with worse to come in the second quarter.

Meanwhile, today saw the Bank of England’s (BoE) chief economist, Andy Haldane, warn that the UK must not return to 1980s levels of unemployment. Consequently, Sterling traders are becoming jittery as the BoE continues sound dovish about the UK’s economy.

Mr Haldane commented:

‘Both the UK and the global economies are already well into the “second quarter” – the recovery phase. The UK’s recovery is more than two months old, while the global economy is perhaps three months into its recovery, in both cases from an exceptionally low starting point.’

Today also saw Prime Minister Boris Johnson vow to act fast to bolster the British economy in the wake of the coronavirus. His latest manifesto pledges to ‘level up’ the country.

However, this was not enough to boost the GBP/CHF exchange rate, as investors continue to remain wary about the second quarter growth figures.

Swiss Franc (CHF) Edges Higher as Hopes Grow for Swiss Economy
The Swiss Franc (CHF) benefited from an improving economic outlook for the Swiss economy today, after the forward-looking KOF Economic Barometer showed an uptick of 9.8 in June to 59.4.

Michael Graff, an economist at KOF, commented:

‘The uptick could have been foreseen because the lockdown is largely over, businesses are starting again, restaurants are serving again.’

‘The situation has gone from dramatically bad to slightly less dramatically bad, but is still very serious.’

In Swiss economic news, today saw the release of May’s retail sales figures for May, which edged higher from -18.8% to 6.6%.

As a result, CHF investors are feeling more optimistic about the Swiss economy’s recovery in the months ahead.

GBP/CHF Outlook: Could the Swiss Franc Edge Higher on Improving Manufacturing PMI Figures?
Swiss Franc (CHF) investors will be looking ahead to tomorrow’s Swiss Manufacturing PMI report for June. Any signs of improvement could see the Swiss Franc edge higher.

Sterling traders will be awaiting the latest UK Markit Manufacturing PMI on Wednesday. If this improves, then we could see the Pound claw back some of its losses against CHF.

The GBP/CHF exchange rate will remain sensitive to UK-EU post-Brexit negotiations this week. Any signs that these could end in a stalemate would prove GBP-negative.

[IUB]

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

[Abubakar 148]

prices close below the line sma5. and the spike has appeared. Marbel but has not yet appeared.
seems safe enough to take a sell position. and it seems I was wrong to take buy position. I'm sorry

[Mazz]

Gbp/Chf

we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like GBP to CHF . If you are looking for foreign exchange rates with good return, GBP to CHF can be a bad, high-risk 1-year investment option. GBP/CHF rate equal to 1.178 at 2020-07-17, but your current investment may be devalued in the future.

[Sana RYK]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

[Nisar12]

Successful investing takes time and patience the market is a device for transfering from impatient to the patient
Today markit is going on down position u can sell if u like to gain profit then sell and gain profit but if u lost then try again qnd again but dnt loose hope
Best of luck

[billyboy00007]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

Good luck everyone

[Ahmed148]

Trading is a great way to make money .but slow down it is not easy as u are thinking.it always takes time.u have to know that only few people succeed in it.in trading everything works sometimes and nothing works always .stop doing what is harming u from inside and your result will get better.it is mathematical certainty

[Babarali123]

Today this pair of Market trends & technical Analysis
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
Bollinger Band : SELL
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends