USD/CHF: 'V-Top' points to correction

USD/CHF: 'V-Top' points to correction

The last 'Head & Shoulders' pattern led to the current upward price movement. However, there's a 'V-Top' pattern, which has been confirmed, so the pair is likely going to test the nearest important support at 1.0059 - 1.0044. In case of a pullback from this area, there'll be an opportunity to have another advance towards the high of the last 'V-Top'.




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GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

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