Forex Opinion & Analysis

GBP/CHF: Range Opportunity

 

GBP/CHF
+0.31%

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1:25
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DX
-0.84%

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Add to Watchlist

Add Position

Position added successfully to:

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Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:


Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

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+ Add another position
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GBP/CHF is currently at 1.1243 at the start of a run to the range top. We are looking for a move here to continue to the ATR target at the 1.1300-1314 area with a further target of 1.1376.

Watch the USDX for direction. The average daily true range (ATR) for the pair is 88 pips, and its 180-day average is 107 pips per day. USDX is currently sideways. 

GBP/CHF price chart.GBP/CHF price chart.

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