GBPCHF approaches lower daily Bollinger Band
Updated
GBPCHF is approaching the lower daily Bollinger Band (1.2662). Selected Alpha ranks the strength of this band at 166.54 RealStrenth points – with the full support area strength ranked at 206.84 RealStrenth points - due to the nearby support pivot 1.2649 – which reversed this currency pair earlier this month. Expect intraday reversal from the lower daily Bollinger Band (1.2662).
Selected Alpha removes the guesswork from evaluating the exact strength of traditionally subjective technical analysis tools – trends, impulses, levels, areas, candlesticks patterns, FX sentiment.
The pair is also dragged down by the diverging intraday sterling and the Swiss franc sentiment.
Selected Alpha removes the guesswork from evaluating the exact strength of traditionally subjective technical analysis tools – trends, impulses, levels, areas, candlesticks patterns, FX sentiment.
The pair is also dragged down by the diverging intraday sterling and the Swiss franc sentiment.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.