– GBPCHF reversed from powerful support level 1.2600
– Likely to rise to resistance at 1.1230
GBPCHF recently reversed up from the powerful support level 1.2600, which is the lower boundary of the wide sideways price range from last November.
The support level 1.2600 was strengthened by the lower daily Bollinger Band.
Given the strength of the support level 1.2600 and the bullish divergence on the daily Stochastics, GBPCHF can be expected to rise further toward the next resistance at 1.1230 (top of the previous correction ii).
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…
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…
This website uses cookies