GBPCHF_chart 03.12GBP/CHF rate approached important S/R level where place reacted sideways in the past. In the last sessions we observed quite strong rebounds from the resistance zone. Actually there is a third approach.

It seems, that in the short term it will be good to consider next downward rebound – especially the increase impulse is not the strongest one. Corrective move should activate here.

GBPCHF_screen 03.12

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