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Gbpchflong

GBPCHF facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above both the Ichimoku cloud and ascending trendline support, in line with our bullish bias. We could potentially see price bounce at 1st support, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal swing low support, and rise towards 1st resistance, in line with 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing high resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
GBPCHF, Upside Looks Promising. Head & Shoulders?The market appears to be forming a potential head & shoulders setup as resistance were slightly broken out. However, we could be seeing some consolidated movements within the zone before the potential upside movement, therefore, it would be best to wait for further confirmations Key Factors: -Potential Head & Shoulders -Bullish break and strong bullish momentum shift as price breaks the resistance zone -Market still requires a break above the trendline and/or a more significant rejection at the support Entry Conditions: -Buy when price retests the zone and forms conirmations ; or breaks current resistance and retests the broken out level and forms upside confirmation -Actively manage trade for the upside swing by trailing stops Note that setup will be considered invalid if price rejects current resistance and reverses completely to the downside
Long
by IAmDavidX
GBP/JPY - Pound Bullish on BoE Rate Hike Expectations Fundamentals Key Points: 1. Markets are expecting UK Inflation to overshoot the central banks' 2% target and reach 3.35% in the coming years. 2. UK 10 Year Bond yields have been rising as a result of high inflation expectations. 3. Against countries like Japan, Switzerland & Germany the UK 10 Year Government Bond Yield is more attractive for investors causing money to move into the UK from these countries and the pound has been getting stronger against all three currencies as a result of the UK's Bond Yield rising. 4. The Bank of England said on May 27th that if people are moved off furlough back into work at a faster pace than previously expected, The Bank of England may be forced to withdraw some of its monetary stimulus and potentially raise interest rates as inflation will rise as the demand for goods and services rise from employment and the re-opening of the economy. 5. High levels of employment will boost price pressures at a time when inflation is already expected to be high from supply shortages caused by the pandemic. 6. This scenario means the central bank will be forced to act and withdraw its monetary support to curb inflation by reducing its bond-buying program, causing the price of bonds to decline and pushing up the Yield due to their inverse correlation. 7. A rate hike would also cause UK short-term rates to move into a profitable carry trade against currencies like the Japanese Yen & CHF & EUR. What To Watch Employment Data Rate Hike Expectations UK Bond Yield’s Trade Idea’s EUR/GBP - SELL GBP/JPY - BUY GBP/CHF - BUY Technicals GBP/JPY - Key Resistance ¥160.00 GBP/CHF - Key Resistance 131.000 EUR/GBP - Key Support €183.500 

 ATR Volatility GBP/JPY - 4.76% GBP/CHF - 4.06% EUR/GBP - 3.72%
Long
by KayansMarkets
GBPCHF > Big Money in this setup, possible 250 pipsI hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis on #GBPCHF Hello friends. similar to my analysis on GBPCAD, but this I prefer as it has a bigger range of 250 pips with no resistance on its way. A possible Reversal pattern on my radar and I am watching when and if we have a breakout to the upside to start looking for a trend continuation setup that meets my rules for a possible 250 pips trade Safe trading everyone Check today analysis below⠀ >> “Control Your Emotion and You Control Your money.” _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Long
by TheTradersAvenue
13
GBPCHF: long intraday opportunityHi Traders, This is my view on this pair for the next few days. #GBPCHF BUY 1.27 SL 1.2679 TP 1.277 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Long
by kitchen_trading
2
Coming up… GBPCHF long .. the week of 03 May, 2021After making a high at the 1.3030 area, price pulled back, easily breaking below 1.2800 and now in the zone around the support area at 1.2550. There are 2 possibilities (as usual) – it will either slice through to the downside OR the bulls will succeed to halt the decline and take control of the market. For fib lovers, this level does coincide with the 0.382 retracement of the bullish move that began in mid Dec, 2020. My bias is bullish, I do trade with the trend for the most part. I will be monitoring price action on H4 and H1 to determine if the bulls are stepping in before taking a long trade. If the momentum in the bears continues, I will step aside and look for a similar setup lower down in the 1.2360 region. If you like my analysis please give it a “thumbs up” and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
Long
by Trading_Vista
GBPCHFHello Guys Welcome back to another profit week If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPCHF on a channel and previous major support, I think there will be a buy chance, lets watch together Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guys
Long
by Bexi03
GBPCHF facing bullish pressure, potential for bounce!Prices are facing bullish pressure from ascending trendline support and horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards 1st resistance in line with horizontal swing high resistance, 100% Fibonacci extension, and -61.8% Fibonacci retracement. If prices fall through 1st support, prices might take support from 2nd support which is a horizontal swing low support, in line with 50% Fibonacci retracement and 127.2% Fibonacci extension. EMA is also below prices, showing a bullish pressure for prices.
Long
by TradeGATEHub
GBPCHF - Bullish BiasGBP - BULLISH 1️⃣ Consumer prices are seen rising in the coming months, due to an increase in regulated household energy bills, higher global oil prices and comparisons with prices a year ago when the country was under a strict COVID lockdown. 2️⃣ Britain's unemployment rate fell for a second month in a row to 4.9%. CHF - BEARISH 1️⃣ Rising US Treasury yields could undermined the safe-haven CHF. ===== Technical ===== - We are buying the GBPCHF on the support on the M15 chart. This is short term trading strategy from Monsun Asia. - Risk reward ratio is 2:1. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia