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Gbpchf_forecast

GBPCHFWith the release of the Rightmove House Price Index this morning showing falling house prices in the UK we still have no reason to be bullish on the Pound. GBPCHF has been in a strong downtrend of late, indicated by the lower lows and lower highs on our chart. We are looking at a very simple swing trading opportunity here by selling at the Weekly Central Pivot Point, IF an opportunity to enter a trade presents itself. If not, we will re-assess at the 61.8& Fibonacci retracement level.
Short
by Mase_00_7
Great Britain Pound-Swiss Franc's decline continuation? Part IITwo days ago, we've seen the Great Britain Pound rise towards all of its pairs due to the decline of the Dollar... except from the Swiss Franc. After my re-analysis of this pair (see my previous analysis at my Link to Related Ideas), I've seen another trend line on play at daily. Despite the ongoing ascending trend line , there is still a trend line on 4-hour suggesting a downside trajectory. I will be holding my short trade and will see where this will go. For safety of others, I will be putting the Investment Strategy on Neutral.
by bearvsbullmarket
(GBPCHF) - Daily - SpeculationBuying after a successful break out and retest. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by Tradesmanship
(GBPCHF) - 4hr - Speculation and AnalysisWhat we have here is basically : 1) Price is at strong Weekly & Monthly support. 2) Double bottom. 3) Broken trend line. Shorting at current market price. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as a signal, do your own research first and you are responsible for your own entries, exit, profit and loss management. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by Tradesmanship