Currently, GBP/CHF is trading at 1.2033. After starting an uptrend on 23 March, the pair is now trading in resistance and support wedges without forming any price pattern. If the price breaks support level at 1.1926, then the pair may come into a downtrend and then its first target will be at 1.1657.
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Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat