This pair has been ranging for some months between price 1.28200 and 1.26000.
Price 1.28200 is a high of 2 months ie May and June while 1.26000 is a Quarterly Low.
A noticeable bearish Order flow has been formed since early this month and the price has retested and respected the bearish Order blocks.
Yesterday a very strong bearish OB was formed on the 4hr TF and this has triggered a move that is aiming to retest price 1.26000.
📉 Sell GBPCHF
Price 1.28200 is a high of 2 months ie May and June while 1.26000 is a Quarterly Low.
A noticeable bearish Order flow has been formed since early this month and the price has retested and respected the bearish Order blocks.
Yesterday a very strong bearish OB was formed on the 4hr TF and this has triggered a move that is aiming to retest price 1.26000.
📉 Sell GBPCHF