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GBPCHF

GBPCHF : Short Trade , 1hHello traders, we want to check the GBPCHF chart on the 1-hour time frame. The price is moving in a descending channel and after breaking the support level between 1.12000 and 1.12200, it has pulled back. We expect this level to turn from a support level to a resistance level and maintain the downward trend of the price and cause the price to fall until the specified targets. Good luck. GBPCHF sell Entry : 1.12065 Stop : 1.12630 , Target1 : 1.11500 , Target2 : 1.10920 Risk/Reward Ratio : 2
Short
by mrAT_Trader
GBPCHF : Current Situation & Technical , Fundamental View- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future. - Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1171 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to the CURRENT MARKET SENTIMENT..
by benny_marshall
Potential GBPCHF LASER ENTRY (1:10 RR)Hang on to your hats boys and girls, GBPCHF is giving us a potential shorting opportunity here based on the current price action I see. But also take into account that 95% of traders are LOSING! This is why it is imperative to manage risk first and remove all thoughts of trying to make profits. Believe it or not, TRYING to make profits in the markets tend to result in the opposite. Instead focusing on improving your trading process and being calm in the face of the unknown. Remove as much of the unknown factors as you can. I am training my mind to focus on the known outcomes that I create and can control, specifically RISK. If I know that I can only lose 0.5% on the setup, it removes a degree of fear from the equation. What are you doing to increase your mental fortitude on the charts?
Short
by jefferytheartist
GBPCHF Is Very Bullish! Long! Here is our detailed technical review for GBPCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.122. Considering the today's price action, probabilities will be high to see a movement to 1.126. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
5
Is GBPCHF – running out of steam ?? – the week of 06 April 2023As my H8 chart shows, this pair has been struggling to keep making higher highs. In fact, we are now seeing marginally lower highs. The recent high at 1.9797 is worth keeping an eye on. If the next high is lower than that and the recent low at 1.9610 gets taken out, this pair will be bearish. If however, we get a higher high, this will negate my analysis. There is a big advantage in getting into a trend early, and we could get it here. If this works out as I expect, this trade will have an open target. My stop just above the recent high will be gradually moved lower, taking care to give enough room for spikes and for other movements that price always makes. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Short
by Trading_Vista
2
GBP/CHF What Next? BUY! My dear followers , I analysed this chart on GBP/CHF, and concluded the following: The instrument tests an important psychological level 1.12422 Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 1.13013 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
BoE survey: lower inflation, but GBP/CHF downside risk.The most recent survey from the Bank of England's Monthly Decision Maker Panel (DMP) was published on Thursday. The survey showed that DMP members anticipate that the Consumer Price Index (CPI) inflation will be 5.8% one year from now, which is a slight decrease from the 5.9% forecasted in February. The DMP is a group of decision-makers from various businesses that provides insights into economic conditions and helps inform the Bank of England's policy decisions. The survey results reflect the expectations of these influential individuals, who anticipate a small reduction in inflation over the next twelve months. The Bank of England closely monitors inflation as it is a key indicator of economic stability. Inflation can impact the value of money, interest rates, and consumer spending. The central bank's monetary policy decisions are heavily influenced by inflation expectations. In summary, the latest Bank of England DMP survey indicates a slight reduction in CPI inflation expectations for the upcoming year. This information will be considered by the Bank of England as it makes monetary policy decisions in the coming months. However, in the GBP/CHF currency pair, there is evidence of a Double Top pattern forming, and if the Neckline of the pattern is breached, the price may decrease. This development suggests that caution is still warranted, despite the positive inflation news for the GBP.
by FOREXN1
5
GBPCHF ANALYSISLet's see how this goes for GBPCHF... Disclaimer: The information provided in this analysis is for educational and informational purposes only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The analysis is based on the author's personal opinion and should not be interpreted as a guarantee of any specific outcome or profit. The author is not a financial advisor, broker, or dealer, and shall not be held responsible for any losses incurred as a result of using this analysis. Trading and investing involve a high degree of risk, and individuals should carefully consider their investment objectives and risk tolerance before making any investment decisions. The author does not guarantee the accuracy, completeness, or timeliness of the analysis. Any examples presented are for illustration purposes only and do not represent actual investments or trades. The Coffee Trader
Short
by thecoffeetraderofficial
2