GBP/CHF Long-Term Trend: Bullish
Key Resistance Levels: 1.13825, 1.14108, 1.14516
Key Support Levels: 1.13170, 1.12788, 1.12295
Daily Chart:
The price on the higher time frame has recently been in an uptrend after it tested a support level of 1.09001 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation.
GBP/CHF Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a major resistance level of 1.12788 and has sustained above that. As of now the pair has broken and retested a minor level of 1.13170 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 1.13430
TP @ 1.13796
Stop Loss @ 1.13064
Trade Safely 🙂