Now GBPCHF is Trading in Ascending triangle channel And Its Test Lower trend line Support Area . If GBP/CHF Hold This level then we can see good movement in GBP/CHF Coming days . Trade With Your Risk management And Use Stop loss .
I have not technicaly analyse it but it close above the level then it will goes for upper levels.
quick overview: Looking at gbp/usd we have seen that we have been in a long term up trend but we have kind of stalled out around the 1.37400 region we can see that on 4hr we have stalled at this region but I'm not convinced that this is the top I don't see how gu will drop off that much we have been going up steadily with pullbacks I expect another pullback...
Looking at buying gu from a better price from the area 1.35900-1.36000 current trend - bullish - we can see gu has been making higher highs but now we are stuck in some sort of wedge we have stopped making higher highs but also we have kinda stalled at the 1.37 level looks like this is a very good level of resistance as it has held up more than once.It has been...