GBP/CHF: testing the resistance
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
EUR/GBP: consolidation along Moving Averages
Information is not investment advice
The pair is consolidating along the Moving Averages. It's likely that the price is going to test the nearest support at 0.8574 because of the last 'Triple Top' pattern. If a pullback from this level and the Moving Averages happens little later on, bulls will have a chance to reach the previously tested resistance at 0.8616 - 0.8636.
Sergey Logachev
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