The GBPCHF prepares for new decline – Analysis – 11-7-2022
Economies.com
2022-07-12 08:00AM UTC
The GBPCHF pair kept its consolidation within the negative track, to notice its stability below 1.1805 resistance, forming some negative waves to consolidate near 1.1655.
We expect to gather additional negative momentum to resume the negative attack and press on 1.1550 level, while surpassing it will push to target 1.1460 as a first additional target.
The expected trading range for today is between 1.1690 and 1.1550
The expected trend for today: Bearish
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