After approaching a 9-month-old trendline, we see GBPCHF rejecting the level which confirms that it's indeed a liquidity zone. Indicators are showing signs of reversal and signs of overbought. For that, we believe GBPCHF will have a bearish reversal.
If you like the idea please like and follow us for more!
If you like the idea please like and follow us for more!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.