H4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Continuing bullish divergence.
Until the two strong support zones hold my short term view remains bullish here.
H4 - Bullish trend pattern.
Currently it looks like a correction is happening.
Until the two strong support zones holds I expect the price to move higher further in the short term.
GBP/CHF Bullish Push towards 1.34 Target throughout December.
As Brexit deciding factors come closer into play for December 2019 , Bullish momentum for the Pound sees the Euro continue to decline against Sterling.
Target 1.34. Important to note Price Action over the next 2 days as to confirm entry on GBP/CHF.
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t.me
The 3-hour chart(image 1) of GBP/CHF seems to be in a sideways consolidation mode after a long downside move.
It has been in range bound movement for the past 1 month and a strong bullish engulfing candle has formed at the lower end of the support which is a very good sign that bulls have taken control.
Coincidentally, this strong support zone meets the long term...
