GBPCHF: Pullback From Key Level 🇬🇧🇨🇭

١٦ فبراير

https://www.tradingview.com/x/P0jOSRaN/

GBPCHF is trading in a bullish trend.
The price recently broke and closed above a key horizontal resistance.
The broken structure turned into a solid support.

We may expect a pullback from the broken structure.
I see a bullish breakout of a resistance line of a falling channel on an hourly time frame
as a confirmation.

Initial target - 1.113

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