GBP/CHF faces trend line resistance around 1.4720, break above targets 1.4795
GBP/CHF has formed a temporary bottom around 1.45990 and started to recover slightly from that level. It is currently trading around 1.4670. On the higher side major resistance is around 1.47150 (trend line joining 1.479…
GBP/CHF has formed a temporary bottom around 1.45990 and started to recover slightly from that level. It is currently trading around 1.4670.
On the higher side major resistance is around 1.47150 (trend line joining 1.47935 and 1.4745) and break above confirms minor bullishness, a jump till 1.4745/1.4790 is possible .
The pair's support is around 1.4600 and break below confirms major weakness a decline till 1.4525/1.4480.
It is good to buy above 1.4715 with SL around 1.4670 for the TP of 1.4795
