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May 13, 2021 at 04:08PM
• GBPCHF reversed from resistance area
• Likely to fall to support level 1.2620
GBPCHF currency pair recently reversed down from the resistance area lying between the pivotal resistance level 1.2810 (former support from March and the top of wave (b) from April) and the upper daily Bollinger Band.
The downward reversal from this resistance area will likely form the daily Evening Star – if the pair closes today near the current levels.
GBPCHF is likely to fall toward the next support level 1.2620 (which has been reversing the price from the start of April).
From: The FxPro News Team https://fxpro.news/technical-analysis/gbpchf-wave-analysis-13-may-2021-20210513/
Selected by fonecable.com
Search Web: GBPCHF Wave Analysis 13 May, 2021
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