British Pound / Swiss Franc

FX

GBPCHF

COLLECTING PIPS

As from the above image,GBPCHF shows a strong downward momentum as price is expected to drop to the resistance level(blue line since it has strongly broken the previous support with which a supportive evidence is the ichimoku kinko hyo indicator which gives a strong sell signal plus the broken trendline .Always remember to use risk management in hand

We are on a strong downtrend. If the reversal setup holds, consider a long after a breakout and a retest

GBP remains offered given the political volatility in Westminster. The BBC reports there is further pressure on May to resign from her own MPs after one of her senior ministers quit the cabinet (Andrea Leadsom). We have covered much space this week already, but continuation breaks remain favoured.

GBPCHF SELL

Symbol: GBP.CHF - British Pound / Swiss Franc Timeframe: Daily, 4-hour, and 1-hour Predicted Direction: Long GBP.CHF - British Pound / Swiss Franc updates will be available in the comments section below as price-action develops.

This is my Idea .

GBPCHF has bounced off it's TREND LINE support. If it manages to stay above the 100D EMA, then we can expect more upside towards 1.32 and 1.34. So, traders can look for BUY entries depending on BULLISH Price action

Watch for breakout

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 / H4 / Technical Chart Formation: Cypher Pattern Risk Management: Fixed Lot Size Target and Stop: On the Chart Wish you many pips PS: Thank you very much that you support me with your likes and Comments If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.

we will still be bearish

Market price is near first long term support and downside bollinger bands support as well after yesterdays break down. RSI is near trend line support. Expect fast up movement if this line holds and fast down movement if this trend line break down

Any sell setup you get take it.It will give you good RR. Trade with care

Key levels for the Pound index.

Looking for another bounce here, stops have again been ran.

GBPCHF

If breaks below the support and re-test the ceiling use these confirmation; 1- NEW RESISTANCE RE-TESTED (YES OR NO) 2- REVERSAL ZONE (CHECK) 3- FROM SUPPORT TO NEW RESISTANCE ( CHECK) 3- REVERSAL CANDLESTICK PATTERN (MATCH ANY REVERSAL CANDLESTICK PATTERN) Now relax enjoy your FREE pips. This Trade Set Up Will Take Up to 3-5 Day to activate short position with a...