GBPCHF → Retest of resistance to the global downtrendFX:GBPCHF is facing resistance from the local trend, which is aligned with the global bearish trend. The trend may continue...
A retest of resistance is forming within the global downtrend. As part of the correction, the price is testing the zone of interest and, after a false breakout of 1.79
Related currencies
GBPCHF may bounce back from 1.0750 support areaGBPCHF may bounce back from 1.0750 support area
GBPCHF reached a low of 1.0687 for the time being and resumed an upward move.
The price rose above a strong support area, indicating increasing momentum. If GBPCHF manages to hold around this area, the chances of further growth will increase.
Key t
GBPCHF - Continuation Setup towards 1.0770GBPCHF recently descended with strength, and I’ve been watching to see how price reacts here.
Price now hovers above and this is a great indication for us to use for possible continuation move, that could send price into the 1.0770 level.
But if price breaks above with momentum, then I’ll back of
Could the price bounce from here?The GBP/CHF is falling towards the pivot and could bounce to the 1st resistance, which serves as a pullback resistance.
Pivot: 1.0777
1st Support: 1.0739
1st Resistance: 1.0837
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money
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Risking 1% to make 1.35%
This is good trade, don't overload your risk like greedy, be disciplined trader, this is good trade.
Use proper risk management
Looks
GBP-CHF Local Short! Sell!
Hello,Traders!
GBP-CHF made a retest of
The wide horizontal resistance
Of 1.0780 and we are already
Seeing a bearish pullback
So as the pair is trading in a
Downtrend we will be expecting
A further bearish move down
Sell!
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GBPCHF Technical Analysis! BUY!
My dear followers,
I analysed this chart on GBPCHF and concluded the following:
The market is trading on 1.0733 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0775
About Used Indicators:
A super-trend
GBPCHF: Bearish Structure Aligns for Potential Sell Setups!Greetings Traders,
In today’s analysis of GBPCHF, we observe that the institutional order flow is currently bearish, and as such, we aim to align with this bias by identifying selling opportunities from key institutional resistance zones.
Higher Timeframe Context:
Weekly TF:
The weekly timefra
GBPCHF - Bullish BUY Market has formed a strong divergence in the bearish trend on 1H time frame- market has also formed as wedge patter which is a good sign of reversal.
market has currently broken the last LH.
we take instant entry and place SL as defined on the charts with R:R of 1:1 and 1:2 we put our TPs.
See all ideas
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.
Frequently Asked Questions
The current rate of CHFGBP is 0.9300 GBP — it has increased by 0.12% in the past 24 hours. See more of CHFGBP rate dynamics on the detailed chart.
The value of the CHFGBP pair is quoted as 1 CHF per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 CHF.
The term volatility describes the risk related to the changes in an asset's value. CHFGBP has the volatility rating of 0.45%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CHFGBP showed a 0.39% rise over the past week, the month change is a 1.68% rise, and over the last year it has increased by 6.87%. Track live rate changes on the CHFGBP 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.
CHFGBP 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 CHFGBP 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 CHFGBP technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CHFGBP shows the strong buy signal, and 1 month rating is strong buy. See more of CHFGBP technicals for a more comprehensive analysis.