GBP/CHF - 1H - Technical analysis published on 03/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 1.1344 CHF
My targets
1.1374 CHF (+0.0015)
1.1392 CHF (+0.0033)
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 1.1344 CHF. The buyers' bullish objective is set at 1.1374 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1392 CHF. If there is any crossing, the next objective would be the resistance located at 1.1423 CHF. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5
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This analysis was given by majesticleveli. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/CHF rating is 1.1359 CHF. The price registered an increase of +0.06% on the session with the lowest point at 1.1352 CHF and the highest point at 1.1367 CHF. The deviation from the price is +0.06% for the low point and -0.07% for the high point.1.1352
1.1367
1.1359
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 1H of this GBP/CHF chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1285 | 1.1309 | 1.1344 | 1.1359 | 1.1362 | 1.1374 | 1.1392 |
| Change (%) | -0.65% | -0.44% | -0.13% | - | +0.03% | +0.13% | +0.29% |
| Change | -0.0074 | -0.0050 | -0.0015 | - | +0.0003 | +0.0015 | +0.0033 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1235 | 1.1272 | 1.1312 | 1.1349 | 1.1389 | 1.1426 | 1.1466 |
| Camarilla | 1.1331 | 1.1338 | 1.1345 | 1.1352 | 1.1359 | 1.1366 | 1.1373 |
| Woodie | 1.1237 | 1.1273 | 1.1314 | 1.1350 | 1.1391 | 1.1427 | 1.1468 |
| Fibonacci | 1.1272 | 1.1301 | 1.1320 | 1.1349 | 1.1378 | 1.1397 | 1.1426 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1187 | 1.1236 | 1.1294 | 1.1343 | 1.1401 | 1.1450 | 1.1508 |
| Camarilla | 1.1323 | 1.1332 | 1.1342 | 1.1352 | 1.1362 | 1.1372 | 1.1381 |
| Woodie | 1.1192 | 1.1238 | 1.1299 | 1.1345 | 1.1406 | 1.1452 | 1.1513 |
| Fibonacci | 1.1236 | 1.1277 | 1.1302 | 1.1343 | 1.1384 | 1.1409 | 1.1450 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0988 | 1.1089 | 1.1221 | 1.1322 | 1.1454 | 1.1555 | 1.1687 |
| Camarilla | 1.1288 | 1.1309 | 1.1331 | 1.1352 | 1.1373 | 1.1395 | 1.1416 |
| Woodie | 1.1003 | 1.1097 | 1.1236 | 1.1330 | 1.1469 | 1.1563 | 1.1702 |
| Fibonacci | 1.1089 | 1.1178 | 1.1233 | 1.1322 | 1.1411 | 1.1466 | 1.1555 |
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): | 50.65 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | -0.8696 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 1.1357 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1380 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 1.1323 | |
| Zig ZAG (10): | 1.1352 | |
| VORTEX (21): | 1.0669 | |
| Stochastique (14,3,5): | 51.06 | |
| TEMA (21): | 1.1358 | |
| Williams %R (14): | -69.39 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | -0.0845 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0047 | |
| Courbe Coppock: | 0.39 |
| MA7: | 1.1343 | |
| MA20: | 1.1334 | |
| MA50: | 1.1283 | |
| MA100: | 1.1261 | |
| MAexp7: | 1.1355 | |
| MAexp20: | 1.1352 | |
| MAexp50: | 1.1347 | |
| MAexp100: | 1.1344 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | +0.67% | |
| Price / MA100: | +0.87% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.13% |
Quotes :
-
Real time data
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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:
-
GBP/CHF Analysis: Can the Pound Break Resistance?
-
GBP/CHF Analysis: Will the Breakout Continue?
-
GBP/CHF Analysis: Is the Pound About to Break Higher?
-
GBP/CHF Forecast - Can the Pound Continue to Climb? (December 23, 2024)
-
GBP/CHF Forecast December 6, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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