GBPCHF Wave Analysis – 22 April, 2020
April 22, 2020 @ 16:43 +03:00
- GBPCHF reversed from support area
- Likely to rise to 1.2100
GBPCHF recently reversed up from the support area lying between the round support level 1.900 (which was set as the likely downward target in our previous forecast for this currency pair) and the lower daily Bollinger Band.
The upward reversal from this support area started the active short-term correction (b).