GBPCHF: Bullish Forecast

22 giu 2020

Pound swiss got rejected from a key daily structure.

after the price has set a higher low on 1H, it has violated a falling channel to the upside.

Now we can expect a bullish continuation.
buying volumes will accumulate within the zone between the resistance of a broken channel and horizontal daily support.
from this narrow area, the price will most likely start growing.

target levels:
1.185
1.190