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GBP/CHF Headed to the Range Top

12/13/2022

Less than a minute

2022.12.13 11:13

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Scott Barkley

Bullish: is currently at 1.1518 in a range after a breakout. If we can break resistance here, we are looking for a continuation to the ATR target at 1.1578 with a further target the 1.1600. We have convergence on the hourly.

The target down is 1.9100 if it reverses. Watch the for any change in direction. The ATR for the pair currently is 96 pips per day, and its 180-day average is 107 pips per day. USDX is currently down.

GBP/CHF price chart.