GBPCHF: Important Breakout 🇬🇧🇨🇭

Short

British Pound / Swiss Franc (OANDA:GBPCHF)

Updated

OANDA:GBPCHF British Pound / Swiss Franc

Rectangle Parallel Channel Support and Resistance GBPCHF pound swissfranc swing swingtrading SMC swingtrade Contains image

rectangle parallelchannel supportandresistance gbpchf pound swissfranc swing swingtrading smc swingtrade containsimage

snapshot

GBPCHF broke and closed below a support of a wide horizontal range on a daily.
To me, it is an important sign of strength of the sellers.

We may expect a bearish movement at least to 1.094

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Comment:

The market is retesting a broken structure.
Wait for a confirmation to sell!

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