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Captain_Maj
Oct 26, 2021 10:42 AM

GBPCHF possible BREAK Long

British Pound/Swiss FrancFXCM

Description

GBPCHF has been consolidating for majority of the year -
Last couple of months - price has been unable to find acceptance between 1.27-1.28 at the top end of this higher timeframe range - price currently is trying to break back into this area - IF we can finally find acceptance - look for any small buildup near the 1.28 highs to precede a break of bigger structure towards the yearly highs -
Another rejection of these areas should send price back into ranging w/ test of lower end just a matter of time.
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