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17.02.202509:18 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of GBP/CHF Cross Currency Pairs, Monday February 17, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 17.02.2025 analysis

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)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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