See also
20.03.2025 08:23 AM
Currently on the 4-hour chart, the GBP/CHF cross currency pair is seen moving in a Sideways condition, this can be seen from the WMA (30 Shift 2) moving through the Candlestick bodies, but with the appearance of Divergence between the GBP/CHF price movement and the osMA indicator (12,26,6) it gives a warning of potential weakening in the near future where the 1.1383 level will be tested to be broken and closed below it. If successful, GBP/CHF will continue its weakening to the 1.1354 level as its main target and 1.1316 as its second target if the weakening momentum and volatility support it, but if on its way to the target levels there is suddenly a significant strengthening, especially if it breaks and closes above the 1.1434 level, all the weakening setups that have been described previously will be invalid and automatically canceled by themselves.
(Disclaimer)
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
