GBP/CHF Analysis: Potential Upside Within the Channel
The pair is respecting an ascending channel, indicating a bullish trend. Currently, the price is near the lower boundary, which aligns with a potential support zone.
If the bullish momentum continues, key targets to watch are 1.13335, 1.13759, and 1.14237, aligning with the midline and upper boundary of the channel.
With RSI near oversold levels, the setup favors a rebound. Keep an eye on price action for confirmation of the move!
If the bullish momentum continues, key targets to watch are 1.13335, 1.13759, and 1.14237, aligning with the midline and upper boundary of the channel.
With RSI near oversold levels, the setup favors a rebound. Keep an eye on price action for confirmation of the move!
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