Gbpchflong
GBPCHF POSSIBLE LONG!The overall outlook on GBPCHF looks as if it is going to bounce off one of the keys levels and resume to the upside. Please leave feedback and corrections in the comments! Please follow me for free analysis and signals!
GBPCHF - ArtworkThis pair is perfect for analyzing.
You will notice the previous structure got attacked and GBPCHF was forced to create new double top highs.
I still think this pair will follow the route of the ascending channel after bouncing from the horizontal line, we just need to give it time.
GBPCHF Long Trade SetupHey traders, here is the analysis for the GBPCHF. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
BUY BUY BUYHello team, we currently in a buy in this bullish symmetric triangle. In an uptrend, price action finds first resistance, which will be the highest high in the
pattern, where it reverses direction and goes downwards till finding first support, which
will be the lowest low in the pattern.
• Price action reverse direction from support going upwards, till finding the second
resistance , which must to be lower than the first resistance .
• Price action reverse direction from resistance going downwards, till finding the second
support , which must to be higher than the first support .
• The pattern is completed when price action reverse direction from and goes upwards till
it breaks the triangle's upper border at point .
BUY as we can see price was not able to form a new lows now we can all see price broke my downtrend resistant now it formed a new high which indicate a new trend so i would go for a buy to catch the 3 run of the trend
Opportunity on the British pound / Swiss francIn short, everything is explained by the charts
Good luck
GBPCHF uptrend setupprice direction: UPTREND
potential target price: 1.2023
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPCHFGBPCHF ANALYSIS
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Idea is not the financial advice!
GBPCHF BUY OPPORTUNITYI suppose GBPCHF will increase from the point shown in the idea post to the higher levels in daily timeframe.
GBP Buy a Break setup.GBPCHF - Intraday - We look to Buy a break of 1.1983 (stop at 1.1956)
Daily signals are mildly bullish.
A lower correction is expected.
A break of 1.1980 is needed to confirm follow through bullish momentum.
Our bias remains bullish and further upside is expected to target resistance at 1.2060.
Our profit targets will be 1.2058 and 1.2087
Resistance: 1.1980 / 1.2000 / 1.2060
Support: 1.1940 / 1.1915 / 1.1900
GBPCHF BUY IDEAHi Traders,
GBPCHF buy idea is based on support (S/R Levels). Wait for price action setup too.
Good Luck
GBPCHF, will it visit higher prices?as we can see a support zone has changed to a demand zone so i think is will go to visit some higher prices
GBP: To Position For A Brexit Deal; Buy GBP/CHF Targeting 1.25 Credit Agricole CIB Research likes long GBP/CHF exposure on the prospect of a Brexit EU-UK trade deal targeting a move towards 1.25.
"Our central case remains that a ‘bare -bones’ Free Trade Agreement (FTA) will be agreed between the UK and the EU. We continue to think that a trade deal is in the best interest of both the EU and the UK," CACIB notes.
"Subsequently, we think that there is a non -negligible risk that the UK and the EU will agree to a partial trade deal, focusing on the topics where the two sides can compromise. To the extent that this outcome nevertheless gives the Brexit saga a sense of finality, even a partial Brexit deal could propel the GBP higher across the board and especially vs overvalued and low -yielding currencies like the CHF," CACIB adds.
