GBP/CHF Cup and Handle ready to rally to 1.1737

Cup and Handle has formed on the 4 hour chart.

We do need the price to close above the 20 and 200MA to make it a high probability analysis..

But all in all, it's bullish and the chart is looking up.

We also have an uptrend (Safety line) in Check showing momentum is up.

Target 1.1737
buygbpchfChart PatternsFundamental AnalysisGBPCHFlonggbpchfTrend Analysis

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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