GBP/CHF broke key support level 1.2900

GBP/CHF broke key support level 1.2900

  • GBP/CHF broke key support level 1.2900
  • Next sell target - 1.2700          

GBP/CHF recently broke through the key support level 1.2900 (which stopped the previous downward impulse in February and March, as can be seen below). The breakout of this support level accelerated the active minor impulse wave 3, which belongs to the medium-term impulse wave (3) from July. GBP/CHF is expected to fall further toward the next sell target at the next support level 1.2700 (target price for the completion of the active impulse wave 3).

Similar

Latest news

GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera