GBP/CHF reached buy target - 1.3050

GBP/CHF reached buy target - 1.3050

  • GBP/CHF reached buy target - 1.3050
  • Next buy target - 1.3300

GBP/CHF continues to rise inside the minor impulse wave 3, which earlier broke sharply through the key resistance level 1.3050 (which stopped the previous intermediate impulse wave (A) and which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 1.3050 accelerated both of the active minor impulse waves 3 and (C). GBP/CHF is expected to rise further to the next buy target at the next resistance level 1.3300 (forecast price for the completion of the active impulse wave 3).



EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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