Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/CHF reached buy target - 1.3050
2019-11-11 • Updated
- 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).
What happened? It looks like the decline in EUR/CHF to 1…
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Bullish Scenario: Buys above 17910 with TP:18098.07, TP2:18277, and TP3: 18415 Bearish Scenario: Sells below 17850 with TP1:17730, TP2: 17700
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