GBPCHF: Bearish Outlook 🇬🇧🇨🇭

22 apr 2022

Hey traders,

GBPCHF reached a key daily structure resistance yesterday.
Taking into consideration that the pair is trading in a long-term bearish trend,
chances are high to see a bearish move from that.

On an hourly time frame, the price formed a double top formation
and broke a support line of a rising wedge pattern.

I expect a bearish continuation now to
1.235
1.2285

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