GBPCHF Mostly Traded in Sideways: range of 1.1500 – 1.1000
The pair is trading along an sideways trend.
The downtrend may be expected to continue in case the market drops below support level 1.1000.
Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.1500, which will be followed by moving up to resistance level 1.2100.
The downtrend may be expected to continue in case the market drops below support level 1.1000.
Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.1500, which will be followed by moving up to resistance level 1.2100.