GBPCHF has broken to the downside on a 3 wave structure on the daily time frame and has done so on the H4 time frame as well. This is an indication of a continuation to the downside. Trading Signal Service: www.greenboxmarkets.com Forex Trading Course: www.greenboxmarkets.com
I'm watching a very short term channel and a simple support level, a break out to the upside should be a great opportunity to buy. Lower levels I'm watching are 1.3300 for support, upper targets are 1.3600 and 1.3800. Good luck and comment below if you have any questions.
Gbp/usd Has seen some major decline following weak inflation and gdp figures. does the market present us with another bearish signal?
if the price does not fall of 23.6% of fibo is a bearish weakness, new price maxima will come. Wait for macd stoch and overlay trend, buy signal. USDCHF 15 min.