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GBP/CHF pressing head and shoulder neckline, more downside ahead

Started by PocketOption, Nov 10, 2022, 05:52 am

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PocketOption

GBP/CHF pressing head and shoulder neckline, more downside ahead

Notable decline is seen in GBP/CHF today and it’s now pressing a head and shoulder neckline support, as well as 55 day EMA. Considering bearish divergence condition in 4 hour MACD, 1.1574 is likely a short term top. Fall from there should be correcting whole rebound from 1.0183. Deeper fall is now in favor as […]


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