Technical analysis of the GBP / CHF currency pair
The British pound has strengthened by 470 points against the Swiss franc since the beginning of the year. Yesterday, the Parliament of Great Britain expressed confidence in the government of the country's Prime Minister Theresa May. Also, there were thoughts that it is necessary to extend the period of England’s exit from the EU. On Monday, January 21, the Cabinet will present a plan for resolving the situation with Brexit.
Technical indicators Ichimoku (price is above the cloud, the line of the short-term trend Tenkan is directed upwards, and the line of the medium-term trend Kijun moves horizontally) and RSI (located above the level of 50). Consider buying after breaking through the level of 1.2800 with the goal for growth of 1.2900.
Technical indicators Ichimoku (price is above the cloud, the line of the short-term trend Tenkan is directed upwards, and the line of the medium-term trend Kijun moves horizontally) and RSI (located above the level of 50). Consider buying after breaking through the level of 1.2800 with the goal for growth of 1.2900.
Trade closed: target reached