GBPCHF TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly charts, GBPCHF is trading in a downward channel.
It is trading below all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.
The immediate support is at 1.19564 and the resistance level is at 1.23186
GBPCHF is trading in a downward channel until there is a trend reversal.
GBPCHF TECHNICAL ANALYSIS: DAILY CHART
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