GBPCHF has been in strong bearish trend where buyers have failed countless times, suggesting a strong sellers hold in the market. In our opinion, price may fall further before the bullish momentum and volume kick in the market, currently fundamentals does not support GBP when we compare it with CHF. Therefore, we should patiently wait for price to complete its full move taking any buying entry.
Good luck and trade safe!
Team Setupsfx_
Good luck and trade safe!
Team Setupsfx_
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