{"id":17191,"date":"2010-12-22T07:56:42","date_gmt":"2010-12-22T12:56:42","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17191"},"modified":"2010-12-22T07:56:42","modified_gmt":"2010-12-22T12:56:42","slug":"gbpchf-provides-bullish-signals","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/12\/22\/gbpchf-provides-bullish-signals\/","title":{"rendered":"GBP\/CHF Provides Bullish Signals"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>The GBP has dropped significantly versus the CHF in the past week,  and it is currently traded around 1.4820 levels. And now as evident in  the data below, the 4-hour chart is giving bullish signals, indicating  that <a href=\"http:\/\/www.forexyard.com\/en\/trading\/gbp-chf\">GBP\/CHF <\/a>pair  might go up. Forex traders can take advantage of this impending  movement by having their Entry Orders in place to capture this reversal.<\/p>\n<p>\u2022\tBelow is the 4-hour chart of the GBP\/CHF currency pair.<\/p>\n<p>\u2022\tThe technical indicators that are used are the William Percent Range, Relative Strength Index (RSI), and Slow Stochastic.<\/p>\n<p>\u2022\tPoint 1: The Slow Stochastic indicates an impending bullish cross, signaling that the next move may be in an upward direction.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) indicates that the price  of this cross currently floats in the oversold territory, signaling  upward pressure.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range shows that this pair was  heavily over-sold peaked near the highest mark it could reach, and then  turned a corner and now stands in a bullish posture.<\/p>\n<p>GBP\/CHF 4-Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/12\/GBO-CHF-21-122.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/12\/GBO-CHF-21-122.JPG\" alt=\"\" width=\"543\" height=\"587\" \/><\/a><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                                                                                                      may           not          be                                suitable                 for               all                                                      investors.                            There                     is       a                                                                                          possibility                                  that                                            you                             could                                       sustain  a                  loss                         of         all                    of                        your                                                                                 investment           and                                                                    therefore         you                                                       should               not                                        invest                                       money                that                     you                                                    cannot                                     afford    to                                               lose.            You                                                 should                   be                           aware                 of                                  all                       the                      risks                                                                   associated                          with                                 Foreign                                              Exchange                                                      trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GBP has dropped significantly versus the CHF in the past week, and it is currently traded around 1.4820 levels. And now as evident in the data below, the 4-hour chart is giving bullish signals, indicating that GBP\/CHF pair might go up.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17191","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=17191"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17191\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}