GBP/CHF reversed from support zone

GBP/CHF reversed from support zone

  • GBP/CHF reversed from support zone
  • Next buy target - 1.3230

 GBP/CHF recently reversed up from the support zone lying between the pivotal support level 1.3040 (which has been reversing the price from end of May, as can be seen below) and the lower daily Bollinger Band. The upward reversal from this support zone started the active minor corrective wave 2. GBP/CHF is expected to rise further toward the next buy target at the next resistance level 1.3230.

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