Forex Trading Signals and Technical Analysis - PipsDominator

Hello everyone, I am also an intermediate trader who needs to engage in the babyPips community. Hi again.

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Hi there! How long have you been trading?

Welcome to babypips @chinthakazoom! How long have you been trading?

Hi! I have been trading for around 5 years. How about you

5 years. Thanks for asking. What about you?

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welcome @chinthakazoom! Great to see new experienced traders here. Good luck and hope to see more of you around!

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I see. It’s always nice to have new members who have been trading for a few years already. I’m just starting out. I’ve been demo trading for less than a year. :slight_smile:

Forex Pair: GBPCHF Price Chart, Analysis and Trading Signals

GBPCHF TECHNICAL ANALYSIS: WEEKLY CHART

GBPCHF Price Chart

In the weekly charts, GBPCHF is trading in a downward channel.

It is trading above MA (5) but below MA (20) and MA (50).

The immediate support is 1.20920 and the resistance level is at 1.24740

GBPCHF is trading in a downward channel until there is a trend reversal.

GBPCHF TECHNICAL ANALYSIS: DAILY CHART

GBPCHF Price Chart

In the daily charts, GBPCHF is trading in a downward channel.

It is trading below MA (5) but above MA (20) and MA (50).

The immediate support is 1.22622 and the resistance level is at 1.23240

GBPCHF is trading in a downward channel until there is a trend reversal.

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