British Pound / Swiss Franc
Long
Updated

Buy GBP/CHF (GBP - CPI Data)

1 940
The GBP/CHF pair on the M30 timeframe presents a potential Buying opportunity due to form of well-defined channel pattern. This suggests a shift in momentum towards the upside in the coming Hours.

Key Points:

Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 1.1427
2nd Support – 1.1474


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