The GBPCHF repeats the negative closings – Analysis – 3-4-2023
Economies.com
2023-04-03 06:13AM UTC
The GBPCHF pair kept its negative stability below 1.1375 extended resistance until this moment, to notice the beginning of forming new negative waves and attempt to press on the MA55 at 1.1270.
Now, stochastic attempt to crawl below 50 level will increase the chances of gathering the additional negative momentum to manage to activate the bearish track and start targeting the negative stations near 1.1200 followed by reaching the additional support at 1.1105.
The expected trading range for today is between 1.1310 and 1.1230
The expected trend for today: Bearish
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