Get started

GBPCHF

GBP/CHF - Bullish Flag Breakout & Strong UptrendOverview: The GBP/CHF pair has not only been in a strong uptrend but has also formed and broken out of a bullish flag pattern, further signaling the continuation of upward momentum. The breakout above the 1.2300 resistance level suggests a potential for further gains. Technical Analysis: Bullish Flag: A clear bullish flag pattern has formed, with a breakout confirming further upward movement. Next Resistance Levels: 1.2550 and 1.2600 RSI: Currently at 65, indicating there’s still room for more upside. Fundamental Analysis: GBP Strength: Strong economic data from the UK, including better-than-expected GDP growth and improved employment figures, support the pound’s rise. CHF Weakness: The Swiss National Bank’s (SNB) dovish stance continues to weaken the franc, providing a favorable environment for the pound’s strength. Trading Strategy: Targeting 1.14036 ,1.15070 , 1.16159 Stop Loss: Place a stop below 1.1120 to protect against downside risk.
Long
by mohammad_alavi
Continuing the bullish story of GBPCHF …. the week of 23 Sep, 20Best seen on the weekly chart, see how this pair turned around during the week of 04 August. A shallow pullback followed but for the past 2 weeks the bulls have taken control of this market again. Switching to the daily chart, see the nice strong moves of the last 3 days. The significant s/r level around 1.1210 was easily overcome on Thu with a strong follow through today (Fri). Adding weight to my bullish bias is the 200dma that seems to be acting as a dynamic support. A good place to enter a long trade would be close to the support at 1.1210 and if we switch to the H4 chart, we can see that area is as perfect as it can be. The 20sma will come closer to price lending support as well and giving us logical stop placement in the 1.110 region. A pullback to this area is necessary to get a good price and will make me interested to take a long trade. Target will depend on the momentum that this pair can generate but I would aim for the next resistance zone. I will be on the lookout for the pullback and further bullish evidence on lower time frames such as H4 and H1. However, if a strong move to the down side forms, that would negate my analysis. This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Long
by Trading_Vista
GBPCHF - 4hrs ( Buy Trade Target Range 180 PIP ) 🟢Pair Name : GBP/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— ✅Bullish Break 1.12250 Reasons ✅- Major Turn level ✅- Visible Range lvn ✅- Channel Break ✅- Key level / 3 Bounces ✅- Fixed range Lvn ✅- Fibo Golden zone ✅- 3Quarter High ✅- Quarter High ✅- Day/ week High Break
Long
by GentleGoldenEngine
2
Sell GBPCHF UK CPIThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1136, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1080 2nd Support – 1.1040 Stop-Loss: To manage risk, place a stop-loss order above 1.1190. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
1
GBPCHF What Next? SELL! My dear subscribers, My technical analysis for GBPCHF is below: The price is coiling around a solid key level - 1.1152 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.1115 My Stop Loss - 1.1178 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPCHF Technical Analysis! BUY! My dear followers, I analysed this chart on GBPCHF and concluded the following: The market is trading on 1.1057 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1094 Safe Stop Loss - 1.1036 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPCHF Will Move Higher! Long! Please, check our technical outlook for GBPCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.112. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.119 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPCHF Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.1147 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.1099 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
#GBPCHF 1DAYGBP/CHF Daily Chart Analysis Resistance Level: 1.11300 On the daily chart for GBP/CHF, the current resistance level is established at 1.11300. This level represents a significant barrier where selling pressure has historically emerged, preventing the price from advancing further. Traders should pay close attention to this level, as a failure to break through could result in a reversal or consolidation. Target Level: 1.08700 The target level for this analysis is set at 1.08700. This level is identified as a potential support or price target, where the market may experience buying interest or find a floor. If the price declines towards this level, it could indicate a possible area of accumulation or a reversal point, providing an opportunity for traders to adjust their strategies accordingly. Summary In summary, GBP/CHF is currently facing resistance at 1.11300, which could cap the upside potential in the short term. If the price struggles to breach this resistance, the market may head towards the target level of 1.08700, where support could emerge. Traders should monitor price action around these levels to gauge potential market movements and adjust their positions accordingly.
Short
by PIPSFIGHTER
3
GBPCHF short - are these reasons enough? Do you also see what I am seeing? 1. Rejection of price in the 1.120 region. 2. A down trend that retraced about 50% but may now be resuming. 3. A series of lower highs 4. Solid support at 1.1230 now becoming resistance. 5. Price below 20 ema on the daily as well as H4 time frames. I don't know what you guys think, but I don't need any more reasons to go short. I will be looking for a suitable entry location of a lower time frame. This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Short
by Trading_Vista
GBPCHF Will Move Higher! Buy! Please, check our technical outlook for GBPCHF. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.114. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.121 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1