• GBPCHF reversed from key support level 1.2570
• Likely to rise to resistance level 1.2700
GBPCHF recently reversed up from key support level 1.2570 (which has been steadily reversing this currency pair from the end of February), intersecting with the lower daily Bollinger band and 38.2% Fibonacci correction of the upward impulse from December.
The upward reversal from this support zone stopped the previous short-term correction (ii).
GBPCHF can be expected to rise further toward the next resistance level 1.2700 (top of the previous waves (a), 4 and (i)).
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies
