27.05.2020
A false breakdown has formed. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator showed an exit from the overbought zone. Breaking through the support level of 1.1894 will result in the formation of a 1-2-3 descending pattern.
Trading recommendations:
Sell below 1.1894.
Stop loss: 1.1960.
Target levels: 1.1852; 1.1818; 1.1775.
The GBPCHF rate online: monitor the movement of the pair in real time.
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