The currency pair Pound to Swiss Franc GBP/CHF currency pair is trading at 1.2584. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair Pound Frank. It is expected to test the upper boundary of the Ishimoku Cloud near the level of 1.2540, from which one should expect an attempt of growth and development of the bullish tendency for the pair with the purpose of growth near the level of 1.2670.
Ichimoku Kinko Hyo GBP/CHF forecast on April 13, 2017
Previously, a strong signal was received for purchases of the Pound Frank pair, due to the intersection of the signal lines at the level of 1.2515. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 1.2430, which will indicate a shift in the upward trend in favor of the downward trend. Expect the acceleration of the growth of quotations GBP/CHF is with the breakdown of the local maximum area at 1.2610.
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