GBP/CHF rising inside corrective wave (2)

GBP/CHF rising inside corrective wave (2)

  • GBP/CHF rising inside corrective wave (2)
  • Next buy target - 1.3470

GBP/CHF continues to rise inside the intermediate corrective wave (2), which earlier broke through the pivotal resistance level 1.3230 (which stopped the previous minor correction 2 at the start of February, as can be seen below). The breakout of the resistance level 1.3230 accelerated the active corrective wave (2). GBP/CHF is expected to rise further toward the next buy target at next resistance level 1.3470 (which has been reversing the price from December).

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