Ransquawk

Interestingly looks GBP/CHF on higher, eg weekly time frames. Last week, the demand recorded a set of five bullish days each ended with a price growth. In this way a bullish engulfing formation formed on the key support and has a rather strong overtone. The correction was quite large, it reached half of the previous growth impulse and more or less the same as the previous summer correction last year. It seems that in the near future there may be a correction of increases from last week, in the long run, however, demand should try to continue the rebound.

I trade on this instrument at  broker XM, which has in its offer more than 300 other assets >>

Leave us a comment!

Ransquawk