ChampsMoneyConcepts

⚡️GBPCHF CMC TRADING ⚡️ EXPANDING CHANNEL

Long
FX:GBPCHF   British Pound / Swiss Franc
GBPCHF has formed an expanding channel, indicating a potential reversal in the prevailing bearish trend. A Change of Character (ChoCh) is evident with the recent impulse movement. As we patiently await the price to break out from the established trend and close above the identified key level, under optimal conditions, we may anticipate a reversal in price direction, leading to an upward movement.

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.