Hello Traders,
How has the market been?
Its slow pace is typical of a Monday market. I can’t see any viable setup other than the ones we discussed yesterday, however, let’s check out one setup I have been trailing for weeks now.
1. GBP/CHF
GBP/CHF for weeks has been kept under resistance level 1.28476.
On the daily time frame, we can clearly see that the resistance level is losing its potency. Though it may be too early to form a bias, but if price closes strongly bullish, we could be seeing buyers flood the market for the rest of the week.
I wish you a great day ahead folks, and as always…
Do remain pip-full
