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The GBPCHF faces a key barrier– Forecast today – 4-6-2026
The GBPCHF formed some bullish corrective waves in its last trading, benefiting from the positive momentum by the main indicators, reaching %38.2 Fibonacci correction level at 1.0640, which forms a key barrier against the current trading.
The continuation of the stability below the current barrier will increase the chances of renewing the bearish attempts, to expect targeting 1.0580 which represents the moving average 55, to confirm surpassing it to open the way for reaching extra negative stations that might begin at 1.0550 and 1.0520.
The expected trading range for today is between 1.0580 and 1.0630
Trend forecast: Bearish
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