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GBPCHF analysis 24.07.2020

24.07.2020

Market Review

GBPCHF

The currency pair is testing the support zone in the range of the round intermediate level 1.1750. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold situation.

GBPCHF rate online: monitor the price movement in real time.

Trading recomendations:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop Loss under the round intermediate level 1.1750.

Target levels: 1.1840; 1.1920.

Author: admin
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