British Pound/Swiss Franc

Wait to buy at DZ level.

Going Short 1st Target 1.20

Our preference: rebound towards 1.2402 before a resumption of the decline. Alternative scenario: in excess of 1.2402, the GBP / CHF could go on 1.2439 and 1.2462. Comment: The RSI is greater than 50. The MACD is greater than its signal line and positive. In addition, prices are below their moving average 50 (1.2357) but above their moving average 20 (1.2343

Notes on the chart, the picture below shows my 4h entry. Happy trading!

Currency Pair: GBP.CHF Time Frame: Daily & 4hr Predicted Direction: Short Live GBP.CHF updates will be available in the comments section below.

Perhaps retracement and then down some more.

Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the ...

GBPCHF 2618 TRADE Buy from 1.2346 SL: 1.2230 TP1 1.2517 TP2 1.2834

GBP are in red zone after GBP Consumer Price Index (YoY) (JUN) 2.6% or 0.3% bellow forecast and GBP Core Consumer Price Index (YoY) (JUN) 0.2% bellow estimate this bad for GBP VS all, if we look at GBPCHF, channel up will break soon. if this happen, bearish target at june 12 support (1.2245), but if there is no break, channel up will continue to 618 may at 1.2750

A good risk/reward trade within this channel for the CHF. Basket contents: USDCHF 17.52% EURCHF 16.98% CHFJPY 10.89% GBPCHF 14.14% CADCHF 13.92% AUDCHF 13.51% NZDCHF 13.05% Long CHFJPY, short the rest.

Good pullback and good potential for a sell

Hi fellows. Watch top for short in case price break up we will remain short on it. Good Luck fellows.

Failure to break the third point trendline will take the pair back to 1.26500 area but a break of the third point trendline will invalidate my view

Standart scenario. Continue down movement after brokeout of strong support. After brokeout next support I will take a short position

My brief Daily & 1hr GBP.CHF chart analysis. I will be updating this pair as we progress to give a clearer insight into what i'm watching.

* Full Chart Explanation available for our Members.

After heavy selling yesterday , price has reached a strong resistance zone and price is likely to reverse to the 1.23800 level .