British Pound / Swiss FrancEducation
GBPCHF – Buyers might go forward to test high levels
GBPCHF – Buyers might go forward to test high levels
Trend: Strong Buy
Support/Resistance:
R3: 1.31376
R3: 1.30305
R2: 1.28878
R1: 1.28184
S1: 1.27813
S1: 1.26778
Price action:
In this range market flow is caught into range flow, which is undecisional spot. Once buyers and sellers show the right timing, we'll know who's gonna continue. I have positive look to buy Gbp if buyers are able to hold above first resistance and then they have to break second target to reached new high levels.
Potencial trade idea:
Bulls targets:
T1: 1.28878
T2: 1.30305
T2: 1.31376
NOTE – We are trading GBPCHF via the preferred trading setups by EliteFxAcademy
Trend: Strong Buy
Support/Resistance:
R3: 1.31376
R3: 1.30305
R2: 1.28878
R1: 1.28184
S1: 1.27813
S1: 1.26778
Price action:
In this range market flow is caught into range flow, which is undecisional spot. Once buyers and sellers show the right timing, we'll know who's gonna continue. I have positive look to buy Gbp if buyers are able to hold above first resistance and then they have to break second target to reached new high levels.
Potencial trade idea:
Bulls targets:
T1: 1.28878
T2: 1.30305
T2: 1.31376
NOTE – We are trading GBPCHF via the preferred trading setups by EliteFxAcademy
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