British Pound / Swiss Franc

GBPCHF MULTI-TIMEFRAME ANALYSIS 25/01 to 29/01

Updated

Monthly structure is bearish, Weekly structure is consolidating to weak bullish, Daily is currently bullish . Price currently retraces back to the Daily support zone as highlighted. Price could go higher from here and close into the weekly gap. Please trade this pair with care.

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Risk:

USD Advance GDP q/q

Note

price moved higher from the support zone highlighted.

Note

reaching into our first target as highlighted

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