EUR/CHF reversed from support area Next buy target - 1…
GBP/CHF rising inside minor impulse wave 3
- GBP/CHF rising inside minor impulse wave 3
- Next buy target - 1.3800
GBP/CHF has been rising sharply in the last few trading sessions inside the minor impulse wave 3, which belongs to the intermediate impulse wave (C) of the primary ABC correction ② from the start of March. The price earlier broke through the major resistance level 1.3470 – which strengthened the bullish pressure on this currency pair. GBP/CHF is expected to rise toward the next buy target at next resistance level 1.3800 (target for completion of impulse wave (C)).
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…