The GBPCHF continues to decline – Analysis – 23-6-2022
Economies.com
2022-06-23 05:44AM UTC
The GBPCHF pair continued to provide strong negative trades to settle below 61.8% Fibonacci correction level at 1.1860, to notice crawling towards 1.1765 in order to reinforce the continuation of the suggested negativity.
Stochastic reach to the oversold areas allows us to expect resuming the negative attack, waiting to reach 1.1690 first, while surpassing it might extend trades towards 1.1640 as a next main target for the bearish bias.
The expected trading range for today is between 1.1815 and 1.1680
The expected trend for today: Bearish
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