FullTimeTrader
Long

GBPCHF-testing the pivot point - bullish bat

FX:GBPCHF   British Pound/Swiss Franc
167 0 7
Next week i expect a rebound on GPB pairs like GBPJPY             , GBPNZD             , GBPCAD             . Nobody knows if it could be a trend change because it depends on geopolitical enviroment around the GBP (elections).

Here we can see the price is testing a pivot suppor on W1
snapshot


On D1 chart we see the same scenario, this support is holding succesfully the price until now:
snapshot


Here on H4 chart there is a bullish bat forming, we could expect a reactions at this level.

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