Forex Trade Time

Risk Warning: Trading in the foreign exchange (Forex) market carries high risks as it involves trading on margin, and this type of investment may not be suitable for all investors.

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Forex Trade Time

The #technical #analysis of the #GBP/#CHF pair :

chf jpy

 

The #technical #analysis of the #GBP/#CHF #pair shows that it has risen during the previous period, pushing the pair into overbought territory. On the 4-hour #timeframe, we observe the #RSI indicator rising above the 70 level and reaching 77, indicating a #signal that confirms the view of #Forex_Trade_Time’s team ( fxttime.com ) of #analysts that the bullish momentum is ending and a bearish wave is beginning. This presents an opportunity to seize selling opportunities for the pair.

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