Technicals

Add as a preferred source on Google

FxWirePro: GBP/CHF takes support near 1.5000, good to sell on rallies

GBP/CHF has broken major trend line support 1.5150 and declined till 1. is currently trading at 1.5040 Intraday bullishness can be seen only above 1.5070 and break above 1.5070 targets 1.5150/ 1.5265. On the downside min…

Updated 1 min read
FxWirePro: GBP/CHF takes support near 1.5000, good to sell on rallies
Image from the original EconoTimes article

Read the original article

  • GBP/CHF has broken major trend line support 1.5150 and declined till 1. is currently trading at 1.5040

  • Intraday bullishness can be seen only above 1.5070 and break above 1.5070 targets 1.5150/ 1.5265.

  • On the downside minor support is around 1.500 and break below targets 1.4925.

It is good to sell 1.5060-70 with SL around 1.5130 for the TP of 1.4930

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560