GBPCHF - Buying dips towards support at 1.1875
GBPCHF is Bullish - We look to Buy at 1.1875
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Price action looks to be forming a bottom.
▪️ Bespoke support is located at 1.1875.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.1875, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 1.1850
Target1: 1.1940
Target2: 1.1980
▪️ Positive overnight flows lead to an expectation of a firm open this morning.
▪️ Price action looks to be forming a bottom.
▪️ Bespoke support is located at 1.1875.
▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.1875, resulting in improved risk/reward.
▪️ Expect trading to remain mixed and volatile.
Stop: 1.1850
Target1: 1.1940
Target2: 1.1980
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