GBPCHF: Resistance Zone Tested, What's Next?
GBP/CHF: The pair has been fluctuating within a range trading pattern for several days.
Both currencies remain strong, influenced by different factors. The Swiss Franc (CHF), known as a safe-haven currency, continues to maintain its status.
Given that GBP/CHF has already tested a strong resistance zone near the top, there is a possibility that the pair could move down again to the 1.1310 level.
Let's observe how the price action develops this time.
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❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP/CHF: The pair has been fluctuating within a range trading pattern for several days.
Both currencies remain strong, influenced by different factors. The Swiss Franc (CHF), known as a safe-haven currency, continues to maintain its status.
Given that GBP/CHF has already tested a strong resistance zone near the top, there is a possibility that the pair could move down again to the 1.1310 level.
Let's observe how the price action develops this time.
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❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.