GBPCHF is developing a bounce

10 March 2022 381
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The GBPCHF currency pair has finished the formation of a double top: the decline target near the level of 1.211 has been achieved.

 

Then a hammer formed on the chart and the next 2 daily candlesticks confirmed the upward reversal. The nearest growth target will be the level of 1.231 formed by the neck line of the double top.

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

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