Forex Pair: GBPCHF Price Chart, Analysis and Trading Signals

Forex Pair: GBPCHF Price Chart, Analysis and Trading Signals

GBPCHF Price Chart

GBPCHF Technical Analysis: Weekly Chart

GBPCHF Price 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

GBPCHF Price 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:

TRADE SUGGESTION: SELL AT 1.22776, TAKE PROFIT AT 1.21174 AND STOP LOSS AT 1.24028

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