GBP/CHF – Week 18 – Support area decision

For this pair we expect a down move with a higher probability than an up move. We think it will at least reach the support area marked on the chart at 1.258. When the price will reach that area, we must study the market structure to decide the next market move.

Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.