GBP/CHF falling inside minor impulse 3

GBP/CHF falling inside minor impulse 3

2019-11-11 • Updated

  • GBP/CHF falling inside minor impulse 3
  • Next sell target - 1.2500

 GBP/CHF continues to fall inside the minor impulse 3 – which previously broke through the major support level 1.2900 (former major support level from February and March). The breakout of the support level 1.2900 accelerated the active impulse wave 3 of the intermediate impulse wave (3) from July. GBP/CHF is expected to fall further toward the next sell target at the next support level 1.2500 (target price for the completion of the active impulse wave 3).

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