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 1.20708 and the resistance level is at 1.26160
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 an upward 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 above zero which indicates bullishness.
The immediate support is at 1.21204 and the resistance level is at 1.23404
GBPCHF is trading in an 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:
