Tag: GBPCHF

• GBPCHF reversed from resistance level 1.2400• Likely to fall to support level 1.2140 GBPCHF recently reversed down from the resistance level 1.2400 (top of the previous wave (a)), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from February. The downward reversal from the resistance level 1.2400 stopped the previous […]

• GBPCHF reversed from support area• Likely to rise to resistance level 1.2280 GBPCHF currency pair recently reversed up from the support area located between the multi-month support level 1.2135 (previous monthly low from October) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous impulse waves 5 and […]