Comparic

GBPCHF D1 with open way for appreciation

Long
FX_IDC:GBPCHF   British Pound / Swiss Franc
GBP/CHF looks really interesting on D1 chart. Since October last year, we have a weak but regular bullish trend indicated mostly by higher and higher lows. There is currently an attempt to initiate a larger bullish movement after reflection from local support.

The upswings began when losses reached similar range as the previous supply wave. Attempts to break recent high failed, there are small pin bars, but there was no strong pull-back, and price is starting to rise again.

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