GBPCHF bullish breakout setup in play

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Our last signal on this pair went exactly as expected https://www.tradingview.com/chart/GBPCHF/j9SVRmCP-GBPCHF-Buy-Setup-Looking-for-a-Rebound/




We’re watching for a clean break above 1.142 to trigger a potential buy.

Price has been moving sideways with indecision, forming a large symmetrical triangle on the intraday chart. This kind of setup often leads to explosive moves once broken.


We’ll look to buy the breakout of 1.142, where bespoke resistance sits. A confirmed push through this level would signal strong bullish intent and offer solid risk-to-reward for longs.

Penafian

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