As seen in the chart GBPCHF has respected this level throughout the history. As we reach this level and seems like a reversal confirmation, I believe overreaction to the tariffs soon will be correct itself. My first take profit level is around 1.13, looking further to 1.14 levels.
Note
Looks good for now. Won't sell until 1.13. My average cost is 1.09125Disclaimer
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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.