According to the chart of H1, GBPCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0458 and support 1.0419. In case the resistance level 1.0458 - 1.0458 is broken, the instrument is likely to follow the bullish trend. FX.co ★ GBPCHF H1: Bullish Rectangle
Signal strength 4 of 5
GBPCHF H1: Bullish Rectangle
According to the chart of H1, GBPCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0458 and support 1.0419. In case the resistance level 1.0458 - 1.0458 is broken, the instrument is likely to follow the bullish trend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade