GBPCHF recently broke through the multi-month resistance level 1.3100 – which has been steadily reversing the price from the start of October.
The breakout of the resistance level 1.3100 accelerated the active short-term impulse wave C – which belongs to the medium-term ABC correction (2) from January.
GBPCHF is expected to rise further and re-test the next resistance level 1.3250 (monthly high from July and the target price for the completion of the active impulse wave C).
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
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Today is Thursday, the 18th of December, and we'll be talking about the British pound…
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