Forex Pair: GBPCHF Price Chart, Analysis and Trading Signals
18 Apr 2022
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GBPCHF Technical Analysis: Weekly Chart
In the weekly charts, GBPCHF is trading in a downward channel.
It is trading above MA (5) but below MA (20) and MA (50).
The immediate support is 1.20920 and the resistance level is at 1.24740
GBPCHF is trading in a downward channel until there is a trend reversal.
GBPCHF Technical Analysis: Daily Chart
In the daily charts, GBPCHF is trading in a downward channel.
It is trading below MA (5) but above MA (20) and MA (50).
The immediate support is 1.22622 and the resistance level is at 1.23240
GBPCHF is trading in a downward channel until there is a trend reversal.
How to trade GBPCHF this week:
GBPCHF is trading in a downward channel until there is a trend reversal and the following opportunity can be taken: