GBP/NZD reversed from support zone Next buy targets - 1…
GBP/CHF rising inside impulse wave (5)
- GBP/CHF rising inside impulse wave (5)
- Next buy target - 1.3460
GBP/CHF continues to rise inside the intermediate impulse wave (5), which started earlier from the support area lying between the key support level 1.3130, lower daily Bollinger Band and the 50% Fibonacci retracement of the previous sharp upward impulse from the start of October. GBP/CHF is expected to rise further in the active impulse wave (5) toward the next buy target at the next resistance level 1.3460 (which stopped the previous sharp impulse wave (3) in December).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…