GBPCHF OUTLOOKAfter last week PA, It's evident that Price looks to re-balance and reach higher zones before further drop, if at all. my Bias for this week is BULLISH.
Gbpchfbuy
The truth of Market TrendGBPCHF BUY AND SELL LONG analaysis. as we can see market structure starting downtrend on DAILY, but breakout SELL on H4, so the next movement that i predict the price will retrace zone (1.1312 - 1.1205) before back to the top (1.4511-1.14843) and start major downtrend till price hit 1.109525
GBPCHF : Long Trade , 4hHello traders, we want to check the chart of GBPCHF. The price has broken a descending channel and also a range zone to the top and then pulled back to the specified key zone. We expect this level to act as a support level and the price will go up. We expect the price to grow to around 1.12600. Good luck.
GBP CHF long GBP/CHF Long Signal: Bullish Analysis in the 1.09989 - 1.09897 - 1.09591 Range
Introduction:
The GBP/CHF currency pair has shown a compelling long signal within the 1.09989 - 1.09897 - 1.09591 range, indicating a potential bullish outlook. In this analysis, we will explore the fundamental and technical factors supporting the long position and highlight the potential upside for traders.
Bullish Fundamental Factors:
a. Strong UK Economy: The UK economy has exhibited resilience and recovery, supported by robust consumer spending, improving employment figures, and a pickup in business activity. Positive economic indicators are likely to boost investor confidence in the British Pound.
b. Safe-Haven Appeal of the Swiss Franc: The Swiss Franc has traditionally been considered a safe-haven currency during times of global uncertainty. However, as the global economic situation stabilizes, the demand for safe-haven assets may decrease, favoring riskier assets like the British Pound.
c. Global Economic Recovery: As the global economy rebounds from the pandemic-induced downturn, risk sentiment is likely to improve, benefiting higher-yielding currencies like the GBP.
Technical Analysis:
a. Support at 1.09989: The GBP/CHF pair has consistently found support around the 1.09989 level, indicating a strong buying interest in this area. Multiple tests of this support level suggest a potential bullish reversal.
b. Consolidation at 1.09897: The range-bound movement around 1.09897 signifies a period of indecision in the market. Such consolidation often precedes significant moves, and given the broader bullish sentiment, a breakout to the upside is probable.
c. Potential Bullish Breakout: The pair's price action suggests a bullish bias, with the 1.09591 level acting as the lower boundary of the range. A breakout above this level could trigger a bullish rally, offering a favorable risk-to-reward ratio for long positions.
Sentiment and Market Psychology:
a. Positive Sentiment: The prevailing market sentiment seems optimistic, with improving economic conditions and easing pandemic-related concerns. Positive sentiment generally supports higher-yielding assets like the GBP.
b. FOMO Effect: Traders who missed the initial rally from the lower range may experience the Fear of Missing Out (FOMO) and enter long positions to catch the potential upside momentum, further fueling the bullish move.
Risk Management:
a. Stop Loss: Traders implementing long positions should set a reasonable stop loss below the 1.09591 level to protect against adverse price movements.
b. Target Price: The target price for the long position could be set around the upper range boundary at 1.09989 or beyond, depending on the trader's risk appetite and overall market conditions.
Conclusion:
Considering the bullish fundamental and technical factors, along with positive market sentiment, the GBP/CHF long signal within the 1.09989 - 1.09897 - 1.09591 range presents an attractive trading opportunity. Traders should conduct their due diligence, follow proper risk management practices, and monitor the market closely for any potential changes in the underlying dynamics.
GBPCHF longThe GBP/CHF forex pair is showing signs of a potential bullish recovery from a recent bearish move. After a period of downward pressure, we have observed the pair finding support and displaying early indications of a reversal. Traders should closely monitor the price action for confirmation of a bullish breakout and consider entering long positions as the pair regains positive momentum.
GBPCHF : Long Trade , 1hHello traders, we want to check the GBPCHF chart in the 1-hour time frame. The price has broken a downward channel and is moving in an upward channel. We expect the price to maintain its upward trend and reach the next key level, which is until the price grows around 1.14300. Good luck.
GBPCHF BUY LONG TERM LOTS SIZE 0.05Detailed GBP CHF forecast as well as a British Pound Swiss Franc technical analysis via moving averages
GBPCHF TECHNICALANALYSIS GUIDE/IDEAFX:GBPCHF
This look bullish on the higher TF, so we will be looking for bullish momentum setups on the lower TF to go long
"disclaimer: this is not a signal, just a trading guide/idea"
GBPCHF Local Long! GBP-CHF is trading in an
Uptrend along the rising
Support so a bullish
Reaction and a local
Move up are to be expected!
GBPCHF - Long active ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: As I expected in my previous analysis price retraced, filled the imbalance and then rejected from bullish order block. Now I expect bullish price action and price to form a new higher high.
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gbpchf long setupgbpchf have a nice support zone near and it looks like there is a good chance to have a good long position. I think the demand zone up ahead which I mark as target is used and cannot suppress the price.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
GBPCHF - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Technical analysis: After the change of character here, we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: Tomorrow we have news on GBP, will be released monthly GDP. Pay attention to the result in order to validate the analysis.
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GBPCHF Top down AnalysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/CHF Buy Setup - Potentially Heading To 1.14000I am in a buy position on GBP/CHF. I really like how the market is reacting to the 78.60% retracement area. I believe we will now be heading to 1.14000 great time to get involved in a buy at a nice discount.
GBP/CHF Giving A Good Bullish P.A , Long Setup After Retest !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCHF Bullish way for long termThe market is approaching a key horizontal level of 1.122
probabilities will be a high to see a movement to 1.126
Buying $GBPJPY hereTrade type BBB
Reasons for taking this trade:
- We are in daily demand.
- exgf move has already happened.
- 3OBs have been created hence fulfilling the 3-touch move strategy.
- 4HR candlestick might close bullish.
- We already have our choch
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1153 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
GBPCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPCHF.
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block + institutional big figure 1.14000.
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GBPCHF : Long Trade , 1hHello traders, we would like to review the GBPCHF chart on the 1-hour time frame. The price is moving in an ascending channel and has made a correction to the key level of 1.12300 and 1.12500. We expect this level to maintain the upward trend and The price will continue to grow after the correction. If the price can break the small downward channel, we expect it to grow to the targets of 1.13300 and 1.14200. Good luck.
GBPCHFWe are in a side range higher than the fractal, the best strategy is fluctuations between the floor and the ceiling.
Currently, we are witnessing an upward movement in the encounter with the bottom and the support zone and a positive divergence.
We are between the static support area of 1.12118 and the resistance of 100 Fibo projection with the area of 1.12534 pivot point.
It is expected that after the breaking of the super-growth range up to the ranges of 1.12962 and 1.13549, there is no need to touch both targets, and also the areas between the targets can play the role of resistance or the reason for There are corrections.
GBPCHF : Current Situation & Technical , Fundamental ViewGBPCHF - - VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1537. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1159 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
