GBP_CHF POTENTIAL LONG|
✅GBP_CHF is going down now
But a strong support level is ahead at 1.1051
Thus I am expecting a rebound
And a move up towards the target of 1.1088
LONG🚀
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About British Pound / Swiss Franc
The British Pound vs. Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The British Pound is one of the premier reserve currencies and represents the world's largest financial center. In turn, the Swiss Franc is used as a reserve currency around the world and is currently ranked rarely 5th or 6th in value held as reserves after the United States dollar, the euro, the Japanese yen, the pound sterling and the Canadian dollar.
GBPCHF SHORT Market structure bearish DW
Entry At both Weekly and Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection At AOi
Previous Structure point Daily
Around Psychological Level 1.11500
H4 EMA retest
H4 Candlestick rejection
Levels 4.39
Entry 100%
REMEMBER : Trading is
Bullish bounce off 61.8% Fibonacci support?GBP/CHF is falling towards the pivot, which is a pullback support and could bounce to the 1st resistance, which acts as a pullback resistance.
Pivot: 1.1093
1st Support: 1.1056
1st Resistance: 1.1180
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should
GBPCHF Sell Opportunity: Strong Rejection Signals Across TF📉 Overview from Weekly Timeframe:
Price was rejected strongly from key resistance zone and the 50EMA, forming a large bearish rejection candle. This signals a potential momentum shift to the downside after a prolonged rally.
📉 Daily Chart Explanation:
Price has broken the ascending trendline and
Falling towards overlap support?GBP/CHF is falling towards the pivot, which is an overlap support, and could bounce to the 1st resistance, which acts as a pullback resistance.
Pivot: 1.1045
1st Support: 1.0921
1st Resistance: 1.1191
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you shoul
Bullish bounce off pullback support??GBP/CHF has bounced off the pivot and could rise to the pullback resistance.
Pivot: 1.1080
1st Support: 1.1056
1st Resistance: 1.1146
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and C
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of GBPCHF is 1.11413 CHF — it has increased by 0.12% in the past 24 hours. See more of GBPCHF rate dynamics on the detailed chart.
The value of the GBPCHF pair is quoted as 1 GBP per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPCHF has the volatility rating of 0.40%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCHF showed a 0.22% rise over the past week, the month change is a 1.35% rise, and over the last year it has decreased by −2.49%. Track live rate changes on the GBPCHF chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPCHF technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPCHF shows the sell signal, and 1 month rating is sell. See more of GBPCHF technicals for a more comprehensive analysis.