GBPCHF Poised to Rise Further Anticipating SNB Rate Cut
GBPCHF broke out from a strong structure dating back to the beginning of December and earlier in November.
The odds are higher that GBPCHF may continue with the bullish movement, as the market is anticipating a rate cut from SNB in tomorrow's meeting.
If the current support zone near 1.1260 holds strong, it should push GBPCHF up further, as shown on the chart.
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 broke out from a strong structure dating back to the beginning of December and earlier in November.
The odds are higher that GBPCHF may continue with the bullish movement, as the market is anticipating a rate cut from SNB in tomorrow's meeting.
If the current support zone near 1.1260 holds strong, it should push GBPCHF up further, as shown on the chart.
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
GBPCHF - TARGET REACHED
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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.
✅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.