GBP/CHF reversed from support zone

GBP/CHF reversed from support zone

  • GBP/CHF reversed from support zone
  • Next buy target - 0.6900

 GBP/CHF recently reversed up from the strong support zone lying between the pivotal support level 1.2930 (which has been reversing this pair from the middle of November), lower daily Bollinger Band and the 50% Fibonacci retracement of the previous upward impulse from August. GBP/CHF is expected to rise toward the next buy target at next resistance level 1.3230 (top of the previous candlesticks reversal pattern Shooting Star from February).


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