FX.co ★ ivory29 | GBP/CHF

Opportunities for buying will be found on the GBPCHF pair, as a strong uptrend is developing on the four-hour chart, making it rational to open long orders. The computer analysis at hand indicates signals for a long position, two of which I will use. Once again, the AC histogram has exited the negative zone, crossed the zero level, and entered positive territory, while the MA line has turned northward. Overall, I expect the price to rise after testing the 1.0750 level. It would be a good point to then set a take profit.