One possibility is to turn sideways (flat channel or up) for a while before climbing higher. Note that the resistance of corrugated 1.54 level has been made around 1.5200.
One possibility is to turn sideways (flat channel or up) for a while before climbing higher. Note that the resistance of corrugated 1.54 level has been made around 1.5200.
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Breakthrough high-rise will be more convincing in a clear bullish structure. Daily chart shows that this increase was just about to begin. Keep doing the purchase for now
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** long on gbpchf** 1.5210. sl 1.5134, tp-1= 20-3- pips profit,second tp= 1.5266-74, tp3 will be added based on trend. Please use your Management Strongly
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I think the rejection is not too strong. In my view, GBPCHF has a possibility to test 1.5192 resistance level again today. Then, if that happens just see the price action on that resistance. If GBPCHF can break that resistance, this pair may continue going up to the next resistance level at 1.5275. But if fail, GBPCHF will be rejected and GBPCHF may forms the double top chart pattern on 1.5192 resistance.
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I think the next direction of GBPCHF is not too clear and whatever may happens in the GBPCHF market today. I think it will be better to wat GBPCHF until this pair touch the support or resistance level.
if GBPCHF can break 1.5192 resistance, I think this pair may goes up to the higher resistance level at 1.5275
But if GBPCHF can break 1.5104 support, this pair may falls to the next support level at 1.5012
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GBPCHF has an opportunity to continue going up today and the next target is at around 1.5192 as the next resistance level of GBPCHF. resistance 1.5156 top buy and target at 1.5172 resistance If support was close under 1.5123 to the bottom of the sale and the target at 1.5106 support
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GBPCHF had broken the 1.5104 resistance level yesterday. So, in my view, GBPCHF has an opportunity to continue going up today and the next target is at around 1.5192 as the next resistance level of GBPCHF.
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Spoiler:
On the H1 chart, price is above the EMA 12 and EMA 72 indicates the trend is still up
RSI is above 50 area 50 indicates the trend is still up
Recommendation: buy
Range :1.5121-1 .5030
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