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benny_marshall
Dec 8, 2022 2:41 PM

GBPCHF : Current Situation & Technical , Fundamental View 

British Pound/Swiss FrancFXCM

Description

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🔥 ALT. BAT PATTERN 🔥

- VIX is slightly DOWN, so CHF is slightly WEAK. Due to this STOCKS and XXXCHF CURRENCY were slightly BUY. GBPCHF also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GCHF can be BUY in the future.

- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1656. Also, according to the GBPCHF STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 1.1370 to the SUPPORT LEVEL.

Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Pay attention to CURRENT MARKET SENTIMENT.
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