Forex: GBPCHF [Conditional Trade]
Based on M5 chart time frame, a bullish trend is beginning to form in GBPCHF. Wait for correction and if it successfully breaks up again above resistance at 1.3839, then it will be possible to take on a long position at 1.3840 with an initial target at 1.3880. Place a stop loss at 1.3820. (HP)
Forex: GBPCHF [Technical Comment]
GBPCHF has been caught within a narrow range for a while now, but on the hourly chart we see a bullish formation developing, with a breakout above VST resistance at 1.3750 likely to see it advance to or very near 1.3794
Forex: GBPCHF [Technical Comment]
GBPCHF has been caught within a narrow range for a while now, but on the M15 chart we see a bullish formation developing, with a breakout above VST resistance at 1.3808 likely to see it advance to or very near 1.3832. (MT)
Forex: GBPCHF [Technical Comment]
The recent retracement in GBPCHF should see it test price support at 1.3700. If it fails to hold here, we view 1.3677 then 1.3645 as immediate supports of note, with first resistance now at 1.3777.
Forex: GBPCHF [Technical Comment]
There is a potential breakout scenario developing on the M15 chart of GBPCHF. We are looking for a move above the 1.3791 resistance, which should see it continue on to 1.3830. (MT)
Forex: GBPCHF [Technical Comment]
The recent retracement in GBPCHF should see it test price support at 1.3975. If it fails to hold here, we view 1.3956 then 1.3938 as immediate supports of note, with first resistance now at 1.4042. (ARS)
Forex: GBPCHF [Technical Comment]
There is a potential breakout scenario developing on the M15 chart of GBPCHF. We are looking for a move above the 1.4044 resistance, which should see it continue on to 1.4091. (MT)
Forex: GBPCHF [Technical Comment]
There is a potential breakout scenario developing on the M15 chart of GBPCHF. We are looking for a move above the 1.4123 resistance, which should see it continue on to 1.4167. (MT)
Forex: GBPCHF [Conditional Trade]
There is a potential breakdown scenario developing on the M15 chart of GBPCHF. We are looking for a move below the 1.4173 support, which should see it continue on to 1.4133.(MT)
Forex: GBPCHF [Technical Comment]
Having failed to pass the 1.3672 resistance, GBPCHF looks as if it will retrace and test support at 1.3611 again. A successful breakdown at 1.3611 places 1.3550 as the immediate target, but if it holds here it will likely bounce back to resistance at 1.3672.(HND)