The GBPCHF breaches the resistance – Analysis – 2-6-2023
Economies.com
2023-06-02 07:47AM UTC
The GBPCHF pair faced strong positive pressures recently, to notice forming strong bullish waves and surpass 1.1275 resistance line, hinting moving to the bullish track and record some gains by reaching 1.1390.
In case the price continued to consolidate above the breached resistance that forms the major support against the bullish attempts, we will start suggesting more bullish attempts to target 1.1415 level initially, followed by pressing on the initial barrier near 1.1465.
The expected trading range for today is between 1.1300 and 1.1415
The expected trend for today: Bullish
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