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AlkalineFX

GBPCHF: Support Approaching ⚠️

Long
British Pound / Swiss Franc (FX:GBPCHF)  
AlkalineFX  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Technical Indicators Chart Patterns newlow lowestlow signals GBPCHF gbpchfshort support supportandresistancezones stophunt Contains image
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trendanalysis indicator chartpattern newlow lowestlow signals gbpchf gbpchfshort support supportandresistancezones stophunt containsimage
We swept the lowest point EVER on this pair and now price is returning to the support created shortly after this sweep.

Will price hold the support or break slightly beneath it to stop hunt before buying again?

I think the new low will hold and not be broken but time will tell!

I have illustrated what I would like to see on this pair over the coming weeks.

Let me know what you think in the comments 💬

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