GBP/CHF is currently trading at 1.1145 and showing strong bullish momentum. The pair recently broke above the key resistance level at 1.1070, which has now turned into a support zone. This breakout suggests a shift in market sentiment, indicating increased buying pressure. As long as the price holds above this new support level, the bullish outlook remains intact.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.