GBP/CHF faces trend line resistance at 1.4710,sell on rallies
GBP/CHF has made a low of 1.4530 and recovered from that level .I t is currently trading at 1.4681.
It is facing minor trend line resistance around 1.4710 (trend line joining 1.49260 and 1.4865) and any further bullishness can be seen only above that level.
Break above 1.4710 will take the pair to next target 1.4790/1.4860.
On the downside minor support is around 1.4650 and break below will drag the pair to next target around 1.4600/1.4535.
It is good to sell on rallies around 1.4700 with SL around 1.4750 for the TP of 1.4600/1.4540
It is facing minor trend line resistance around 1.4710 (trend line joining 1.49260 and 1.4865) and any further bullishness can be seen only above that level.
Break above 1.4710 will take the pair to next target 1.4790/1.4860.
On the downside minor support is around 1.4650 and break below will drag the pair to next target around 1.4600/1.4535.
It is good to sell on rallies around 1.4700 with SL around 1.4750 for the TP of 1.4600/1.4540