GBPCHF approaching support, potential bounce!
GBPCHF is approaching our first support at 1.2852 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 1.3193 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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