Down trend showing a reduced Selling momentum (Red arrow) while an increased in Buying momentum (Green arrow). Expand the MACD graph for better visibility. Next target entry at 0.786 with price action, riding on the third wave.
TBH I'm not getting a clear bullish signal until that trendline is broken and has held. I'm bullish on GJ, GA, GC so in theory GBPCHF should follow.... only using buy stops on this pair, the others were pending or market orders
Hi ColossusFX, thanks for your guidance! I will study more on GJ, GA and GC correlation with GCHF. You are great! Btw, are you able to post using white background, it is more friendly on printing hard copy. =)