GBP/CHF has broken major resistance 1.5285 (median line) and is expected to trade higher in the coming days.
Overall trend is bullish as long as support 1.5175 holds. On the upside break of 1.5285 would extend the gain to 1.5359/1.5453 in the short term. The break of 1.5150 on the downside will take the pair to 1.5050/1.49950.
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Buy
Recommendation: Buy GBP/CHF around 1.5280, SL 1.5175, Targets 1.5359/1.545.
Overall trend is bullish as long as support 1.5175 holds. On the upside break of 1.5285 would extend the gain to 1.5359/1.5453 in the short term. The break of 1.5150 on the downside will take the pair to 1.5050/1.49950.
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Buy
Recommendation: Buy GBP/CHF around 1.5280, SL 1.5175, Targets 1.5359/1.545.
