GBPCHF is trading within a wide horizontal daily zone of demand.
Take a look how the price reacted that that area on 1H time frame: first, the price broke and closed above a resistance line of a bullish flag pattern, a double bottom pattern was formed and its neckline was broken then.
Chances are high, that we will see a pullback from the underlined structure. Goals will be 1.1295 / 1.132
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