FX_IDC:GBPCHF   British Pound / Swiss Franc
I anticipate further upside on GBPCHF. The correction seems to have completed at equal legs in what looks like a classic WXY correction. This saw an aggressive push to the upside, but failed to break above the upper channel. The retracement seems to have been completed at 0.618 fib, and a slight push to the upside has broken above the middle line of the parallel channel. I'm expecting to see further push to the upside.

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.