GBPCHF: Bearish Move From Resistance 🇬🇧🇨🇭 GBPCHF may drop from a key horizontal resistance. The price formed a head and shoulders after its test and successfully violated its neckline. The pair may drop at least to 1.139 support. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader228
GBPCHF - Sell StopGBPCHF - Short - Sell Stop - The bullish trend is struggling to continue @ R1 - Looking to Sell if the price reaches S3Shortby rehmanrafique0
GBP/CHF SENDS CLEAR BEARISH SIGNALS|SHORT Hello,Friends! Previous week’s green candle means that for us the GBP/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.141. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 114
GBPCHF - SidewaysGBPCHF is printing sideway chart. When support breaks EP: 1.14094 SL: 1.14315 TP1: 1.13870 TP2: 1.13650 When resistance breaks EP: 1.14876 SL: 1.14819 TP1: 1.14930 TP2: 1.14990by abdulmoeedsiddiqui0
Great British Peso - A star is born🟢 I'm going long GBPCHF here at 1.07. 🟢 There were times when the GREAT British Pound was more true to its name than in these stormy weeks. GBP negative: The pound has taken a few knocks in these weeks: ➡️- GDP was recently much weaker (-0.3) than expected (0.0) ➡️- At 0.4, industrial production also surprised negatively in relation to expectations ➡️- However, the significantly weaker labour data recently, in which bonus payments in particular surprised to the downside, is even worse and raises one question in particular: 🏛🇬🇧Will the BOE actually cut interest rates so much later than their friends at the FED and ECB? This can certainly be doubted. The neighbours from the European Union in particular are making a name for themselves with similarly cruel data as in the UK, but the islanders do have something over the mainland. And that brings us to the positives. GBP positive: ✅️ ➡️🟢The PMIs in the UK have recently surprised on the upside and so there is light at the end of the tunnel, in contrast to the European counterpart, which has only surprised with more and more negative PMIs ➡️🟢Although wage pressure is falling, it remains high by international standards ➡️📊🔮 There are signs of a recovery in both retail sales and GDP for 2024 Conclusion: The outlook for the pound is beginning to brighten, even if the labour market will continue to weaken and there are likely to be some setbacks here I have already commented in detail on the outlook for the CHF in the following trade ideas: Longby PrimeTradingUpdated 101017
GBPCHFPrice has reached a supply zone and appears to be rejecting resistance, we can hopefully see this pair trend down.Shortby RicoTrades_11116
Time To Sell At 1.15??There has been no stopping the bulls on this pair since it made the lows at the end of last year towards the 1.06 area. Its took the exact path I planned out in the idea that I posted in October last year dropping down towards 1.06 before rallying back up towards 1.15 (read related idea below) So what next for this pair ?? Given the extent of the rally and the fact we are now approaching a key resistance area @ 1.15 I'd say a short term sell off is on the cards from here. The daily chart shows this resistance a lot clearer in fact before that breakdown towards 1.06 price had been stuck in a range between 1.10 and 1.15 for quite some time with sellers stepping in every time 1.15 was hit. If we zoom into the lower 4HR chart there is clear slowing of momentum occurring as price approaches 1.15 with every pop higher getting quickly sold of. Too me this is a clear sign that sellers are starting to position themselves into selling positions and buyers are profit taking anticipating a move down from 1.15. I will be looking for sell signals on my TRFX indicating as we hit the 1.15 level targets for this positions will be the newly created weekly DEMAND/BUY zone around 1.12 and we may even get a deeper correction down towards 1.10. I would expect buyers to start buying again at these levels and if there is a clear break and close above the 1.15 level then a move up to the 1.21 Monthly SUPPLY/SELL zone is highly possible. Though before this occurs I expect a sell off first. Hope you enjoyed the read let me know your thoughts below.Shortby TheFxAce121227
📈💡 "GBPCHF Forex Analysis: Insights & Strategy" 📉📊🕵️♂️ Let's analyze the GBPCHF forex pair for trading in futures. 📉 This currency pair is mostly bearish in higher time frames and cycles, indicating the recent weakening of Great Britain over the past few years just from the chart. 💪 In the 4-hour timeframe, we've had an uptrend and reached a significant resistance in the daily and weekly range around 1.14731, and we're currently reacting to this resistance. 💰 For a long position, our resistance is identified, and after breaking the line at 1.14731, we can consider opening a long position. However, note that since we're breaking a weekly resistance, we should place a large stop-loss around 1.13740. 🎯 For a short position, we have an uptrend line that is of the continuation type, and after breaking this trend line, even without a trigger and with candle confirmation, we can open a short position. But for better confirmation, after breaking the trend line and the 4-hour support at 1.13740, you can open your short position. ⬆️ Let me explain briefly about trend lines here. We have two types of trend lines: continuation and reversal. 🚀 The continuation trend line is when our main trend is bearish, and we're in a correction, moving on an uptrend line. With this type of trend line, we can open a position just by breaking the trend line without considering a trigger, solely with candle confirmation. 💡 However, the reversal trend line is when our main trend is bullish, and we have an uptrend line. If this line breaks, there is a possibility of a trend change or short-term correction, and we need a trigger for confirmation to open this position. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! 😊 ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.by RealMRA1145
GBPCHF Technical Analysis! SELL! My dear followers, This is my opinion on the GBPCHF next move: The asset is approaching an important pivot point 1.1451 Bias - Bearish Safe Stop Loss - 1. 1476 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1399 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals112
Long Term Short outlookThe GBPCHF pair has been hovering at a peak for approximately four weeks, indicating a potential high-risk trading opportunity. There is a possibility of a downturn in the near future. An entry signal was identified on the 15-minute chart, offering a favorable risk-reward ratio. It remains to be seen how the price will react. As always, prudent risk management strategies should be employed.Shortby Tradebudz3
What to expect from GBPCHF pairOANDA:GBPCHF have had a 3 month impressive run which has led to the breakout from key resistance level at 1.106 region, and currently on a major supply zone of 1.14600 Expecting a reversal at 1.4600 to test previous breakout zone 1.1000 Scenario 2: if by strength it moves higher, then 1.164 should send it back to 1.100 region. As this will cut across all CHF major pairs like FX:USDCHF and FX:CADCHF Nevertheless, it is important you approach the market with proper risk management. Have a blast.Shortby FX_WAVE116
Buy GBPCHF 08/04/204I am going long GBPCHF at market SL: 1.1359 TP: 1.1664 I am only sharing my trades, not a recommendation to enter the markets. Longby GreenpointFX4
sellthis pair came to resistance now so any sell opportunity should be looked at.Shortby profit70percent336
SHORT GBPCHFexpecting a push to 1.15000 psychological level before seeing a drop back down to 1.11000 a strong level that has acted as a support in the past. simple support and resistance trade.Shortby AdambulmantradesUpdated 8
Buy GBPCHF 05/04/2024I am long GBPCHF at market price. SL: 1.1377 TP: 1.1517 I am only sharing my trades, not a recommendation to enter the market. Longby GreenpointFXUpdated 3
GBP/CHF SELLERS WILL DOMINATE THE MARKET|SHORT Hello,Friends! We are going short on the GBP/CHF with the target of 1.133 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 555
✅GBP_CHF NEXT MOVE UP|LONG🚀 ✅GBP_CHF is trading along the rising support line And as the pair is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above around 1.1450 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
GBPCHF - Long active ✅Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I expect bullish continuation after price filled the imbalance and then rejected from bullish order block. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD2214
GBPCHF : Short Trade , 4hHello traders, we want to check the GBPCHF chart. After moving in an ascending channel, the price has reached the specified resistance level. We expect the upward trend of the price to stop and the price to fall to around 1.13500. Good luck.Shortby mrAT_TraderUpdated 6
GBPCHF Trading Opportunity! SELL! My dear friends, Please, find my technical outlook for GBPCHF below: The instrument tests an important psychological level 1.1470 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1405 Recommended Stop Loss - 1.1502 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 222
GBPCHF - Bullish TrendGBPCHF chart is printing a bullish trend and there is not divergence on the RSI indicator as well. Entry Point: 1.14621 Stop Loss: 1.14238 Take Profit 1: 1.15000 Take Profit 2: 1.15390 by abdulmoeedsiddiqui0
GBPCHF Resistance Ahead!GBP-CHF is going up now But a strong horizontal Resistance is ahead at 1.14455 So after the retest we will See a local bearish pullback ! Shortby kacim_elloitt116
GBPCHF - Bearish DivergenceGBPCHF is providing a bearish divergence signal against it RSI since price action shows higher highs and higher lows and RSI shows lower highs.by ruba_hasan962