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FX.co ★ GBP/CHF price movement for March 11, 2020

GBP/CHF price movement for March 11, 2020

GBP/CHF price movement for March 11, 2020

The GBP/CHF pair is moving in a market maker sell model pattern. It is trying to reach the previous bullish fair value gap at 1.1967-1.1999. If this scenario comes true, the GBP/CHF pair may reach the next target at 1.1850. As long as GBP/CHF does not retrace, it is likely to grow to 1.2334.

Overall the bias from GBP/CHF is Bearish.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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