| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇓ |
The GBP/CHF exchange rate has been trading upwards since the middle of March after it reversed north from the psychological level at 1.1200.
It is likely that the currency pair could gain support from the 200-period moving average (4H time-frame) near 1.1870 and continue to trade upwards in the nearest future. In this case the pair could re-test the Fibonacci 61.80% retracement at 1.2819.
However, note that the exchange rate would have to surpass the Fibonacci 38.20% retracement at 1.2177. If the given resistance level holds, it is likely that a reversal south could occur, and the rate could re-test the given psychological level.