The GBPCHF market is bearish and positioned for pressing selloffs to 1.2188. Be prepared for an accelerating selloff if trade presses below 1.2157. Any corrections contained within last week's congestion, stalling near 1.2340 will keep the market aligned for bear trending. A close over 1.2397 (SAR) is needed to stop pressing bear forces and spark a recovery phase.
Last Updated Date: 21 March 2022 @ 10:26 AM (UTC)
*Please note that all the dates are in GMT time zone
