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Gbpchfanalysis

GBPCHF - LONG IDEAHello traders, Hope you had an amazing weekend ! GBPCHF is currently at a very strong monthly level. This level has been respected several times in the past and it would be very difficult to break through it given that there are many underlying buy orders waiting to be filled ! Currently price saw its first valid rejection from major area of demand, expecting price to continue upwards from this level to at least 200 pips. looking forward to see how this setup plays out ! good luck & god bless, ETGL team <3
by Eleventgl
Long term buy opportunity on GBPCHFLet's turn our eyes to GBPCHF. The pair has been trading within a high timeframe falling channel since March 2021. It now looks like it has reached the support of this channel and we may expect a bounce up from this level. I have considered to go long on this pair for both short and long term targets. I have higher expectation that the pair will reach to the resistance of the falling channel. If you find this idea helpful please support it with likes. I will highly appreciate it.
Long
by Forexintelligence_NA
GBPCHF: Rallies bound to fail?!GBPCHF Intraday - We look to Sell at 1.2216 (stop at 1.2304) Bespoke resistance is located at 1.2225. We look to sell rallies. Selling posted in Asia. Expect trading to remain mixed and volatile. This provides an excellent risk/reward opportunity to fade the current bullish move. Our profit targets will be 1.2003 and 1.1910 Resistance: 1.2200 / 1.2440 / 1.2609 Support: 1.20600 / 1.1918 / 1.1630 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
GBPCHF:Brief rally before dip?!GBPCHF Intraday - We look to Sell at 1.2148 (stop at 1.2192) Preferred trade is to sell into rallies. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. The medium term bias remains bearish. Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. Our profit targets will be 1.2016 and 1.1910 Resistance: 1.2110 / 1.2215 / 1.2609 Support: 1.2000 / 1.1918 / 1.1630 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets