ForecastCity

Don't miss the great buy opportunity in GBPCHF

Panjang
FX:GBPCHF   Paun British / Franc Swiss
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2670). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCHF is in a uptrend and the continuation of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 1.2900
TP2= @ 1.3160
TP3= @ 1.3400

SL= Break below S2

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