GBP/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	GBPCHF
ISIN:

GBP/CHF - Daily - Technical analysis published on 04/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 1.1233 CHF

My targets

1.1429 CHF (+0.0093)

1.1562 CHF (+0.0226)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/CHF as long as the price remains well above 1.1233 CHF. The buyers' bullish objective is set at 1.1429 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1562 CHF. If there is any crossing, the next objective would be the resistance located at 1.1696 CHF.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBP/CHF rating is 1.1336 CHF. On the day, this instrument lost -0.02% and was traded between 1.1325 CHF and 1.1340 CHF over the period. The price is currently at +0.10% from its lowest and -0.04% from its highest.

1.1325

1.1340

1.1336

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this GBP/CHF chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.1086	1.1233	1.1332	1.1336	1.1429	1.1562	1.1696
Change (%)	-2.21%	-0.91%	-0.04%	-	+0.82%	+1.99%	+3.18%
Change	-0.0250	-0.0103	-0.0004	-	+0.0093	+0.0226	+0.0360
Level	Major	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1212	1.1239	1.1289	1.1316	1.1366	1.1393	1.1443
Camarilla	1.1317	1.1324	1.1331	1.1338	1.1345	1.1352	1.1359
Woodie	1.1223	1.1245	1.1300	1.1322	1.1377	1.1399	1.1454
Fibonacci	1.1239	1.1269	1.1287	1.1316	1.1346	1.1364	1.1393

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1073	1.1146	1.1219	1.1292	1.1365	1.1438	1.1511
Camarilla	1.1251	1.1264	1.1278	1.1291	1.1304	1.1318	1.1331
Woodie	1.1072	1.1146	1.1218	1.1292	1.1364	1.1438	1.1510
Fibonacci	1.1146	1.1202	1.1237	1.1292	1.1348	1.1383	1.1438

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0627	1.0809	1.1050	1.1232	1.1473	1.1655	1.1896
Camarilla	1.1175	1.1214	1.1252	1.1291	1.1330	1.1369	1.1407
Woodie	1.0657	1.0824	1.1080	1.1247	1.1503	1.1670	1.1926
Fibonacci	1.0809	1.0971	1.1070	1.1232	1.1394	1.1493	1.1655

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.87
MACD (12,26,9):	0.0029
Directional Movement:	8.9051
AROON (14):	28.5714
DEMA (21):	1.1307
Parabolic SAR (0,02-0,02-0,2):	1.1411
Elder Ray (13):	0.0043
Super Trend (3,10):	1.1092
Zig ZAG (10):	1.1333
VORTEX (21):	1.0711
Stochastique (14,3,5):	70.01
TEMA (21):	1.1333
Williams %R (14):	-32.02
Chande Momentum Oscillator (20):	0.0060
Repulse (5,40,3):	0.2998
ROCnROLL:	1
TRIX (15,9):	0.0267
Courbe Coppock:	2.15

MA7:	1.1312
MA20:	1.1247
MA50:	1.1234
MA100:	1.1280
MAexp7:	1.1311
MAexp20:	1.1273
MAexp50:	1.1254
MAexp100:	1.1282
Price / MA7:	+0.21%
Price / MA20:	+0.79%
Price / MA50:	+0.91%
Price / MA100:	+0.50%
Price / MAexp7:	+0.22%
Price / MAexp20:	+0.56%
Price / MAexp50:	+0.73%
Price / MAexp100:	+0.48%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on GBP/CHF. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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