GBPCHF May Resume Bullish Movement Following SNB Rate Cut
GBPCHF has completed a bullish pattern and is currently rising. However, it may take a pause before the bullish movement continues. The bullish momentum is also increasing due to the upcoming SNB rate decision, scheduled for this Thursday, December 12.
The SNB is expected to cut rates by 25 basis points, bringing the interest rate down to 0.75% from the current 1%.
Targets:
🎯 1.1255
🎯 1.1285
🎯 1.1325
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GBPCHF has completed a bullish pattern and is currently rising. However, it may take a pause before the bullish movement continues. The bullish momentum is also increasing due to the upcoming SNB rate decision, scheduled for this Thursday, December 12.
The SNB is expected to cut rates by 25 basis points, bringing the interest rate down to 0.75% from the current 1%.
Targets:
🎯 1.1255
🎯 1.1285
🎯 1.1325
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
Note
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.