GBP/CHF Potential Rebound Ahead for – Watching Key Resistance?
The 
GBPCHF pair has pulled back after testing resistance near 1.10860 and is currently approaching a key support zone around 1.09200–1.09000 This level has previously acted as a strong reaction point and aligns with the lower boundary of the ascending channel
If price holds above this support and forms a bullish reversal we could see a continuation move back toward the resistance zone near 1.10700–1.10860 A confirmed break above this level would open the door for further upside momentum.
However failure to hold above 1.0900 could indicate a potential breakdown from the current structure.
Support: 1.09200 – 1.09000
Resistance: 1.10450 – 1.10860
Structure Ascending channel with corrective pullback
Stay alert for bullish confirmation at the lower zone — this could be a high-probability area for a rebound
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you!
Best Regards TrendLinford!
GBPCHF pair has pulled back after testing resistance near 1.10860 and is currently approaching a key support zone around 1.09200–1.09000 This level has previously acted as a strong reaction point and aligns with the lower boundary of the ascending channelIf price holds above this support and forms a bullish reversal we could see a continuation move back toward the resistance zone near 1.10700–1.10860 A confirmed break above this level would open the door for further upside momentum.
However failure to hold above 1.0900 could indicate a potential breakdown from the current structure.
Support: 1.09200 – 1.09000
Resistance: 1.10450 – 1.10860
Structure Ascending channel with corrective pullback
Stay alert for bullish confirmation at the lower zone — this could be a high-probability area for a rebound
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you!
Best Regards TrendLinford!
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.