25 Apr
GBPCHF Technical Analysis: Weekly Chart
In the weekly charts, GBPCHF is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 1.21565 and the resistance level is at 1.23332
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 below its previous upward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 1.21572 and the resistance level is at 1.22664
GBPCHF is trading below and outside its previous upward 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:
