The_Trader_FX

GBPCHF - Ascending triangle

Largo
OANDA:GBPCHF   Libra esterlina/Franco suizo
GBPCHF has formed ascending triangle and it started to test important psychological level and resistance at 1.22. We have seen that GBP has been very strong recently mainly because it was undervalued before the Brexit deal was agreed. A break of resistance would signal further move north.
Price levels above 1.25 are expected later this year.

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