GBPCHF Technical Analysis and Investing Tips For GBPCHF
30 Jun 2022
GBPCHF Technical Analysis: Weekly Chart

In the weekly charts, GBPCHF is trading in a downward channel.
It is trading below all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.
The immediate support is at 1.14980 and the resistance level is at 1.18670
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 all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.
The immediate support is at 1.15345 and the resistance level is at 1.16730
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: