GBP/CHF ST: the upside prevails as long as 1.1115 is support
Alternative scenario: the downside breakout of 1.1115 would call for 1.0860 and 1.0708.
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Alternative scenario: the downside breakout of 1.1115 would call for 1.0860 and 1.0708.
Alternative scenario: the downside breakout of 1.7996 would call for 1.7636 and 1.7421.
The configuration is positive.
Our preference: as long as 1.6947 is support look for 1.8083.
Alternative scenario: the downside breakout of 1.4386 would call for 1.4090 and 1.3914.
Alternative scenario: the downside breakout of 0.9929 would call for 0.9906 and 0.9892.
Short positions below 1.3470 with targets at 1.3410 & 1.3380 in extension.
Short positions below 102.2600 with targets at 102.0000 & 101.9000 in extension.
Short positions below 0.9150 with targets at 0.9110 & 0.9090 in extension.
Long positions above 1.2370 with targets at 1.2430 & 1.2460 in extension.
Long positions above 132.40 with targets at 133.15 & 133.50 in extension.
Short positions below 0.6800 with targets at 0.6740 & 0.6710 in extension.