empty
17.02.2025 09:18 AM
Technical Analysis of Intraday Price Movement of GBP/CHF Cross Currency Pairs, Monday February 17, 2025.

This image is no longer relevant

From what we see on the 4-hour chart, the GBP/CHF cross currency pair appears to be moving within the bullish Pitchfork channel, especially confirmed by the appearance of the Bullish 123 pattern followed by the bullish Ross Hook (RH) where all this means that GBP/CHF is still moving in a strengthening condition so that as long as there is no significant correction, especially breaking through and closing below the 1.1300 level, GBP/CHF has the potential to continue strengthening where the 1.1373 level and if the volatility and momentum of strengthening support it, 1.1404 will be the next target.

(Disclaimer)

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Signals for GOLD (XAU/USD) for August 4-7, 2025: sell below $3,385 (21 SMA - 6/8 Murray)

In the coming hours, we can sell gold below 3,385 with a target at the 6/8 Murray level at 3,359. If gold breaks below this area, we could resume short

Dimitrios Zappas 17:39 2025-08-04 UTC+2

Trading Signals for BITCOIN (BTC/USD) for August 4-7, 2025: sell below $115,625 or buy above $114,086 (200 EMA - 21 SMA)

If Bitcoin resumes its bearish cycle, we could expect it to fall below $114,000. Then, it could reach the 4/8 Murray line and 112,500, and even fall to the bottom

Dimitrios Zappas 17:22 2025-08-04 UTC+2

Trading Signals for EUR/USD for August 4-7, 2025: sell below 1.1602 (200 EMA - 7/8 Murray)

Early in the American session, the euro is trading around 1.1580, below the 200 EMA and with a strong technical rebound. After the sharp drop due to the US Non-Farm

Dimitrios Zappas 17:20 2025-08-04 UTC+2

Technical Analysis for August 2025 – GBP/USD

In July, the pair moved downward and nearly tested the 8-period EMA at 1.3164 (thin blue line), closing the monthly candle at 1.3203. In August, an upward price movement

Stefan Doll 12:03 2025-08-04 UTC+2

Technical Analysis for August 2025 – EUR/USD

In July, the pair moved downward, broke through the 23.6% retracement level at 1.1438 (yellow dashed line), and closed the monthly candle at 1.1414. In August, an upward price movement

Stefan Doll 12:00 2025-08-04 UTC+2

Forecast for EUR/USD on August 4, 2025

On Friday, the EUR/USD pair reversed near the 161.8% corrective level at 1.1416, turning in favor of the euro and surging sharply. The consolidation above the 100.0% Fibonacci level

Samir Klishi 11:49 2025-08-04 UTC+2

GBP/USD – August 4th: Will the Pound Benefit from the Dollar's Setback?

On the hourly chart, the GBP/USD pair reversed in favor of the British pound on Friday and consolidated above the 127.2% Fibonacci level at 1.3258. Thus, on Monday, the upward

Samir Klishi 11:46 2025-08-04 UTC+2

GBP/USD. Technical Analysis for the Week of August 4–9

Last week, the pair moved downward and tested the 38.2% retracement level at 1.3141 (red dashed line), after which the price moved upward and closed the weekly candle at 1.3278

Stefan Doll 11:38 2025-08-04 UTC+2

EUR/USD. Technical analysis for the week of August 4-9

Last week, the pair moved downward and nearly tested the 61.8% retracement level at 1.1378 (red dotted line), before reversing upward and closing the weekly candle at 1.1586

Stefan Doll 10:38 2025-08-04 UTC+2

GBP/USD. Indicator Analysis and Daily Review on August 4, 2025

On Friday, the pair moved downward, testing support at 1.3148 (blue dotted line), then rose on news releases and closed the daily candle at 1.3278. Today, the price is expected

Stefan Doll 10:28 2025-08-04 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.