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GBPCHF closed at entry price and trying to consolidate at lower high area

GBPCHF Analysis

GBPCHF price at the lower high area of the descending channel and simultaneously at the horizontal resistance in the daily timeframe chart

The GBPCHF pair has been trading within the entry price range for an extended period, resulting in a prolonged ranging movement. This market has been oscillating between the entry price levels for over 24 hours.

In accordance with our signal-following guidelines, we have closed the GBPCHF signal at the entry price level due to the lack of significant price movement and the 24-hour Trade Protection rule.

For those new to our service, please take note that the GBPCHF signal has been closed at the entry price level as a result of limited market activity within the specified time. Continue to adhere to our signal guide provided with each signal message at forexfib.com/guide/

We appreciate your patience and encourage you to await the next promising trading opportunity. Our primary goal is to ensure your safe trading experience in all market conditions.


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+500 Points in GBPCHF

GBPCHF Analysis:

GBPCHF reached the lower high area of the descending channel in the daily timeframe chart

After the confirmation of the Downward movement, the GBPCHF Sell signal was given.

GBPCHF Nov'7 Reached Take Profit

GBPCHF Sell signal reached the take profit target successfully.


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+500 Points in GBPCHF

GBPCHF Analysis

GBPCHF at the retest area of the broken support, where old horizontal support has the chance to become a new resistance area in the daily timeframe chart

After the confirmation of the Downward movement, the GBPCHF Sell signal was given.

GBPCHF Nov'1 Reached Take Profit

GBPCHF Sell signal reached the take profit target successfully.


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+500 Points in GBPCHF

GBPCHF Analysis:

After a long time, GBPCHF has broken the horizontal support area in the 4-hour timeframe chart

After the confirmation of the Downward movement, GBPCHF Sell signal was given.

GBPCHF Sell signal reached the take profit target successfully.


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