GBPCHF has been consolidating in a range bound structure a between 1.296 resistance and 1.2788 support. I wrote about this in the weekly forecast on Monday.
The daily close above 1.296 yesterday puts the bulls in control of this pair with 1.31520 as the next resistance. A retest of 1.296 will will provide an opportunity to get long.
GBPCHF Daily time frame
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