💎 Name : GBP/CHF
🕐 4HR'S Chart
( ❗️ SHORT After Retest )
🧾 : WHY IS GBPCHF GOING DOWN?
The decline in GBP/CHF could be due to negative economic indicators in the UK, such as low economic growth, rising unemployment or weak retail sales. This could reduce investor confidence in the British pound and lead to a depreciation against the CHF
——————————
Bearish Reversal
1.10400 Area
Reasons
Major Turn level / D
Resistance Break
Visible Range Lvn
Pattern Break
Weak Low
Bullish Reversal
1.07250 Area
Reasons
Major Turn level / M
Choch Area
Visible Range Hvn
Liquidity
——————————
🕐 4HR'S Chart
( ❗️ SHORT After Retest )
🧾 : WHY IS GBPCHF GOING DOWN?
The decline in GBP/CHF could be due to negative economic indicators in the UK, such as low economic growth, rising unemployment or weak retail sales. This could reduce investor confidence in the British pound and lead to a depreciation against the CHF
——————————
Bearish Reversal
1.10400 Area
Reasons
Major Turn level / D
Resistance Break
Visible Range Lvn
Pattern Break
Weak Low
Bullish Reversal
1.07250 Area
Reasons
Major Turn level / M
Choch Area
Visible Range Hvn
Liquidity
——————————
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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.
Related publications
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.