• GBPCHF broke resistance level 1.2000
• Likely to rise to 1.2250
GBPCHF recently broke above the key resistance level 1.2000 (which is the upper boundary of the tight sideways price range inside which the pair has been moving from the end of July).
The breakout of the resistance level 1.2000 accelerated the active short-term impulse wave (c).
Given the strongly bearish Swiss franc sentiment – GBPCHF is likely to rise further and test the resistance level 1.2250 (top of the previous corrective wave (2) from June).
- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…
- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
This website uses cookies