GBP/CHF reversed from powerful resistance level 1.3300

GBP/CHF reversed from powerful resistance level 1.3300

2019-11-11 • Updated

  • GBP/CHF reversed from powerful resistance level 1.3300
  • Next sell target - 1.3300

GBP/CHF today reversed sharply from the powerful resistance level 1.3300 (which stopped the previous intermediate impulse wave (1) at the end of October, as can be seen below). The resistance zone near the resistance level 1.3300 was strengthened by the upper daily Bollinger Band. GBP/CHF is expected to fall to the next sell target at the next round support level 1.3000 (which reversed previous waves A, (2) and 2).

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