GBPCHF neutral

Will GBPCHF be reversed by three shooting stars?

14 February 2022 321
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On the chart, we can see three consequent shooting stars.

Despite the difference between the size and color of the candlestick bodies of the pattern, all of them imply the downward reversal of the GBPCHF currency pair to the support of 1.23.

The line of the RSI indicator left the overbought zone so far hardly entering it and the line moves down.

Well, the results of today’s trading day will probably help the pair to define the following movement.

The closing below 1.253 will prove the RSI signal for leave the overbought zone and intention to decline.

This content is for informational purposes only and is not intended to be investing advice.

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