| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The GBP/CHF exchange rate continued to extend gains gradually. As apparent on the chart, the rate failed to exceed the 1.2250 level.
Note that the currency pair is pressured by the 55-, 100– and 200-hour moving averages. Thus, it is likely that some downside potential could prevail in the market, and the pair could target the psychological level at 1.1200.
Meanwhile, note that the rate could gain support from the Fibo 23.60% at 1.1785. If the given level holds, it is likely that the pair could consolidate below the Fibo 38.20% at 1.2181.