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GBP/CHF Potential Downward Movement

GBP/CHF Long-Term Trend: Bearish

Key Resistance Levels: 1.10761, 1.11866, 1.13046

Key Support Levels: 1.10086, 1.09545, 1.08685

Daily Chart:

The price on the higher time frame has been in a downtrend recently after it faced resistance at the 1.14856 level and reversed. The pair has continued to break a few support levels with good bearish momentum which suggests further trend continuation.. 

GBP/CHF Medium-Term Trend: Bearish

4-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. The price broke the lower level of a consolidation zone between 1.11866 and 1.10761 and has been trading below that. As of now the pair has retested that area and continuing the momentum.

Signal Idea:

Sell Limit Order @ 1.10528

TP @ 1.10126

Stop Loss @ 1.10930

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Wow Nice trade, Thanks Pat

  2. Love your analysis and signals, thanks Pat

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