– GBPCHF broke key resistance level 1.1000
– Likely to rise to resistance level 1.1080
GBPCHF recently broke the key resistance level 1.1000 (top of the previous minor correction from the middle of October).
The breakout of the resistance level 1.1000 accelerated the c-wave of the active short-term ABC correction iv.
Given the strong Swiss franc sales seen across the FX markets today, GBPCHF can be expected to rise further toward the next resistance level 1.1080 (former multi-month support from July to September).
- AUDCAD broke pivotal resistance level 0.9170 - Likely to rise to resistance level 0.9260…
- WTI reversed from round resistance level 70.00 - Likely to fall to support level…
US retail sales rose 0.1% m/m in August, better than forecast, but sales growth in…
Market Picture The crypto market has gained 2.1% in the last 24 hours to reach…
- MasterCard broke round resistance level 500.00 - Likely to rise to the resistance level…
- CHFJPY reversed from support zone - Likely to rise to the resistance level 168.45…
This website uses cookies