Hello,Traders! GBP-CHF is trading in a giant Narrowing wedge as you can Clearly see on the chart and The assumption is that The pair will keep trading Inside this wedge until There is a confirmed breakout Thus, as the price is headed up To retest the falling resistance I believe that after the retest We are likely to see a pullback And a move down towards The rising support but to Be safe lets say that the Target is at around 160.530 level area Sell! Like, comment and subscribe to help us grow!
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.