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According to the chart, I think the action bias of this currency pair is downward at the moment and you should sell it at this stage in order to get more profit from it... or else to stop the loss that you may face from this trade.. Try to make a use of stop loss feature with this trade to avoid any further loss if you are facing presently..

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gbpchfh1_zpsf616c49e.png

 

GBPCHF try to test the key support level at 1.4583 price level. It appears the resistance of the current buyer. If this GBPCHF in 1 candle close above 1.4595 level, GBPCHF likely be back to test the resistance level at 1.4628 price range. Instead decline could continue if GChf close down the level 1.4580, with a target in the support area closest 1.4560 price range

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GBPCHF Technical Analysis

GBPCHF: BUY

 

BID PRICE 1.4597

 

EXPONENTIAL MA 20 1.4592 BUY

EXPONENTIAL MA 50 1.4585 BUY

EXPONENTIAL MA 100 1.4573 BUY

PARABOLIC SAR BUY 1.4537 0.02/0.2

RSI 14 54.50 BUY

MACD 12,26,9 0.00087 BUY

 

Support: 1.4579

Pivot: 1.4597

Resistance: 1.4615

Trend: Bullish.

 

Screenshot_2013-10-21-17-20-44_zps5e514c

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GBPCHF Technical Analysis

GBPCHF: NEUTRAL

 

BID PRICE 1.4568

 

EXPONENTIAL MA 20 1.4564 NEUTRAL

EXPONENTIAL MA 50 1.4567 NEUTRAL

EXPONENTIAL MA 100 1.4574 NEUTRAL

PARABOLIC SAR BUY 1.4553 0.02/0.2

RSI 14 48.67 NEUTRAL

MACD 12,26,9 -0.00039 SELL

 

Support: 1.4552

Pivot: 1.4563

Resistance: 1.4575

Trend: Sideways.

 

Screenshot_2013-10-22-17-03-36_zps234d87

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GBPCHF Technical Analysis

GBPCHF: SELL

 

BID PRICE 1.4425

 

EXPONENTIAL MA 20 1.4434 SELL

EXPONENTIAL MA 50 1.4440 SELL

EXPONENTIAL MA 100 1.4475 SELL

PARABOLIC SAR BUY 1.4418 0.02/0.2

RSI 14 36.58 SELL

MACD 12,26,9 -0.00125 SELL

 

Support: 1.4416

Pivot: 1.4432

Resistance: 1.4449

Trend: Bearish.

 

Screenshot_2013-10-24-14-13-56_zps459f0a

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GBPCHF Technical Analysis

GBPCHF: BUY

 

BID PRICE 1.4548

 

EXPONENTIAL MA 20 1.4545 NEUTRAL

EXPONENTIAL MA 50 1.4524 BUY

EXPONENTIAL MA 100 1.4484 BUY

PARABOLIC SAR 0.02/0.2 1.4536 BUY

RSI 14 64.75 BUY

MACD 12,26,9 0.00264 BUY

 

Support: 1.4535

Pivot: 1.4547

Resistance: 1.4560

Trend: Bullish.

 

Screenshot_2013-11-01-12-24-36_zps7dca80

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GBPCHF Technical Analysis

GBPCHF: BUY

 

BID PRICE 1.4707

 

EXPONENTIAL MA 20 1.4692 BUY

EXPONENTIAL MA 50 1.4698 BUY

EXPONENTIAL MA 100 1.4707 BUY

PARABOLIC SAR BUY 1.4683 0.02/0.2

RSI 14 50.28 NEUTRAL

MACD 12,26,9 -0.00070 BUY

 

Support: 1.4679

Pivot: 1.4689

Resistance: 1.4709

Trend: Bullish.

 

Screenshot_2013-11-19-15-37-54_zpsc6701d

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GBPCHF Technical Analysis
GBPCHF: SELL

BID PRICE 1.4711

EXPONENTIAL MA 20 1.4718 SELL
EXPONENTIAL MA 50 1.4723 SELL
EXPONENTIAL MA 100 1.4731 SELL
PARABOLIC SAR 0.02/0.2 1.4733 SELL
RSI 14 37.19 SELL
MACD 12,26,9 -0.00060 SELL

Support: 1.4706
Pivot: 1.4720
Resistance: 1.4734
Trend: Bearish.

 

Screenshot_2013-11-26-13-05-31_zps45452c

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GBPCHF Technical Analysis
GBPCHF: NEUTRAL

BID PRICE 1.4702

EXPONENTIAL MA 20 1.4699 NEUTRAL
EXPONENTIAL MA 50 1.4701 NEUTRAL
EXPONENTIAL MA 100 1.4713 SELL
PARABOLIC SAR 0.02/0.2 1.4717 SELL
RSI 14 48.18 NEUTRAL
MACD 12,26,9 -0.00042 SELL

Support: 1.4686
Pivot: 1.4706
Resistance: 1.4716
Trend: Sideways.

 

Screenshot_2013-11-27-09-40-43_zps476aa1

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