GBPCHF: Resistance Zone Tested, What's Next?
GBP/CHF: The pair has been fluctuating within a range trading pattern for several days.
Both currencies remain strong, influenced by different factors. The Swiss Franc (CHF), known as a safe-haven currency, continues to maintain its status.
Given that GBP/CHF has already tested a strong resistance zone near the top, there is a possibility that the pair could move down again to the 1.1310 level.
Let's observe how the price action develops this time.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP/CHF: The pair has been fluctuating within a range trading pattern for several days.
Both currencies remain strong, influenced by different factors. The Swiss Franc (CHF), known as a safe-haven currency, continues to maintain its status.
Given that GBP/CHF has already tested a strong resistance zone near the top, there is a possibility that the pair could move down again to the 1.1310 level.
Let's observe how the price action develops this time.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.