Hello everyone,
A good opportunity has been detected on the GBP/CHF pair.
After strong upward movement on the GBP/CHF, the price
found resistance on a 38.2% Fibonacci retracement level and
on a downward trendline, pulled back and is currently correcting
to the downside.
We are expecting the price to reach approximately the 1.1660
price level, where we have a 61.8% Fibonacci retracement level,
as well as the lower bound of the Bollinger Bands.
A good opportunity has been detected on the GBP/CHF pair.
After strong upward movement on the GBP/CHF, the price
found resistance on a 38.2% Fibonacci retracement level and
on a downward trendline, pulled back and is currently correcting
to the downside.
We are expecting the price to reach approximately the 1.1660
price level, where we have a 61.8% Fibonacci retracement level,
as well as the lower bound of the Bollinger Bands.
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.
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.