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mikoaodu
Nov 26, 2020 10:58 AM

GBPCHF SHORT - PRICE HAS REACHED DAILY LEVEL Short

British Pound/Swiss FrancFXCM

Description

Price has reached key daily level and is moving very correctively on the H4 timeframe showing signs of weakness and a potential reversal and a swing to the downside is becoming more probable. Price has tried to break through this level 2 times before and is now on its 3rd attempt, so if we see price hold we can expect to see a bearish swing to the daily level below which was resistance but will now be acting as support.

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