ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/CHF Long-Term Trend: Bearish
Key Resistance Levels: 1.14048, 1.15472, 1.15985
Key Support Levels: 1.12012, 1.10585, 1.10136
Weekly Chart:
The price on the higher time frame has been in a downtrend and the price is trading below a key level of 1.15472 and EMA. The pair has shown pullback to a resistance area which shows further trend continuation from here.
GBP/USD Medium-Term Trend: Bearish
Daily Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It formed a supply zone that initiates from a key level of 1.14048 and has sustained below that. As of now the pair might retest before continuing the momentum.
Signal Idea:
Sell Limit Order @ 1.13215
TP @ 1.12076
Stop Loss @ 1.14353
Trade Safely 🙂
