GBP/CHF Down 114 Pips; in a Downtrend Over Past 14 Days
This imputes a buy/sell ratio of 1.33, which is bullish.
GBPCHF
(Last Updated March 27, 2020)
Hello! This is the news page for GBPCHF. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of GBPCHF:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bearish
How the Current GBPCHF Rate Fares Relative to the Past Year?
The previous trading day saw GBPCHF close at a rate of 1.17134405. On a relative basis, that puts the pair closer to its 52 week low (currently at 1.11138) than its 52 week high (now at 1.33229404).To dig deeper and get the latest news on GBPCHF, try the links below. You can also visit the MarketWatch or Investing.com pages on GBPCHF for more news as well.
GBP/CHF Moves Down For the 4th Day In A Row, in a Downtrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
This imputes a buy/sell ratio of 1.83, which is bullish.
GBP/CHF Moves Down For the 3rd Day In A Row; in a Downtrend Over Past 14 Days
Relative to other instruments in the forex asset class, gbp/chf ranked 26th yesterday in terms of percentage price change.
GBP/CHF 2 Day Up Streak Ended, in a Downtrend Over Past 30 Days; Social Sentiment Biased Towards Buying
The closest is the 200 day average, which is 256.8 pips away.
GBP/CHF Heads Up For the 2nd Day In A Row; in a Downtrend Over Past 14 Days
The price move occurred on volume — and we’re using the number of tick price changes as a proxy for volume — that was down 29.19% from the day prior, but up 21.62% from the same day the week before.
GBP/CHF Up 21 Pips; in a Downtrend Over Past 14 Days
This imputes a buy/sell ratio of 1, which is neutral.
GBP/CHF Down 136 Pips; in a Downtrend Over Past 90 Days
The closest is the 200 day average, which is 273.7 pips away.
GBP/CHF Crosses 200 Day Moving Average, in a Downtrend Over Past 14 Days; Price Base in Formation Over Past 30 Days
Alternatively, regarding pairs with the lowest correlation to gbp/chf?
GBP/CHF Heads Down For the 2nd Day In A Row, Breaks Below 200 Day Average; in a Downtrend Over Past 14 Days
As for the rationale, technical traders seem to be citing the appearance of a wedge technical pattern.
GBP/CHF Down 95 Pips, Crosses 20 Day Moving Average; in a Downtrend Over Past 90 Days
The closest is the 20 day average, which is 78.5 pips away.