GBPCHF has just recently provided strong confirmation on continued downward momentum as it has created a lower low leaving a fresh supply zone resting above,
Price has also respected Supply on the daily timeframe in the past week
Despite that i would expect some further upward momentum on the lower timeframes to 1.27240 level which should give a reaction and if possible 1.29074 should serve as a major influence on bearish momentum further down.
Price has also respected Supply on the daily timeframe in the past week
Despite that i would expect some further upward momentum on the lower timeframes to 1.27240 level which should give a reaction and if possible 1.29074 should serve as a major influence on bearish momentum further down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.