PREVIOUS ANALYSIS: TRADING IN A RANGE FOR PAST ONE MONTH
https://rajtechanalysis.blogspot.com/2021/05/gbpchf-analysis-may-2021.html
https://rajtechanalysis.blogspot.com/2021/05/gbpchf-analysis-may-2021.html
https://rajtechanalysis.blogspot.com/2021/01/gbpchf-analysis-january-2021.html
ANALYSIS 27-Jan-2021
CMP: 1.2174; RES: 1.2257; SUP: 1.1681
If 1.2257 resists and a break of 1.2141, we can see more fall towards 1.2000.
I expect this up move to be completed as ending diagonal and start to make at least corrective down move.
As long as 1.2257 resists, my preference is sell on rise.
CMP: 1.2163; RES; 1.2203; sUP: 1.1597
From April 2020, GBPCHF is trading in a range.
Will it break this time?
Break of 1.2203, we will see 1.2743, 1.3013, 1.3451, 1.3618.
If 1.2203 resists, we can see 1.2120. and a break of 1.2060, more fall can be seen.