Hello Traders,
Let’s see what Tuesday has for us…
1. GBP/CHF
GBP/CHF has price locked within an expanding ascending triangle.
For a little over a month, price has been stuck within the consolidation band.
We should be watching out for two things:
1. A bullish breakout of resistance level 1.28312, which could most likely encourage the Bulls to hit the next possible resistance level (1.31138) or
2. A bearish breakout of support level 1.26734, which could also encourage the sellers to push price down to the next support level (1.24791).
That’s all for today folks, catch you guys again tomorrow for another analysis of your favorite pairs.
Do have a great day ahead, and as always…
Remain pip-full
