GBP/CHF is again at major support around the 1.1070/1.1110 area. We saw a price test in this area in December last year and also in late January. Today’s data from the GBP saw GDP come out at 0.3%m/m, way higher than the expectation of 0.1%m/m. The price rebounded from 1.1080 and is now trading around 1.1150.
Note the bullish pin bar on the 4 hours off this support area. We will focus on buy setups on GBP/CHF, aiming resistance at 1.1360 first, then 1.1430 next.
To follow our signals go to tradewithmac.org
This Post Has One Comment
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.com/bn/register?ref=S5H7X3LP