GBPCHF 1D - Important zone

2019-12-28 23:11:21

- This pair experienced past days a heavy SELL since UK elections.
- Currently we expect a bounce back from 1.26700 low, where price action is likely to form a double bottom on H4 timeframe. Pullback expected to reach 1.28800 and 1.30000 High.
- Alternative scenario if price break and close 1.26400 then we expect further sell to 1.24900 lower high.