• GBPCHF moving inside sideways price range
• Likely to correct to 1.1750
GBPCHF recently reversed up from the support level 1.1750 (lower boundary of the narrow sideways price range – inside which the pair has been trading from the start of July, as can be seen below).
GBPCHF is currently trading close to the resistance level 1.1940 (upper boundary of this price range).
If the pair breaks above the resistance level 1.1940 – the price can then rise toward the next round resistance level 1.2000. Alternatively the pair will re-test the support level 1.1750.
The crypto market is experiencing an upward trend, with a 10% increase since January. Bitcoin…
- Nasdaq-100 reversed up from support zone - Likely to rise to resistance level 21855.00…
- Google broke daily Triangle - Likely to rise to resistance level 200.00 Google under…
The CAD is increasing against the USD due to reports of Canadian Prime Minister Justin…
Bitcoin surges towards $100K as the crypto market cap reaches $3.5 trillion. Bitcoin displays signs…
- WTI crude oil broke resistance area - Likely to rise to resistance level 76.00…
This website uses cookies