GBPCHF: Bearish Outlook 🇬🇧🇨🇭

22 апр. 2022 г.

Hey traders,

GBPCHF reached a key daily structure resistance yesterday.
Taking into consideration that the pair is trading in a long-term bearish trend,
chances are high to see a bearish move from that.

On an hourly time frame, the price formed a double top formation
and broke a support line of a rising wedge pattern.

I expect a bearish continuation now to
1.235
1.2285

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️