. GBPCHF Technical Analysis and Investing Tips For GBPCHF - CSFX

GBPCHF Technical Analysis and Investing Tips For GBPCHF

GBPCHF Technical Analysis and Investing Tips For GBPCHF

30 Jun 2022

GBPCHF Technical Analysis: Weekly Chart

How to Investing in GBPCHF

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

How to Investing in GBPCHF

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:

TRADE SUGGESTION: SELL AT 1.14815, TAKE PROFIT AT 1.12390, AND STOP-LOSS AT 1.16905