Looking at
GBPCHF
H1 chart, we see support at 1.29500. Considering D1 chart we are expecting to price go lower so we are waiting for breakout below support level. This scenario is forecasting also by another lower peaks. After breakout support will change to resistance. Price tends to test pierced zone, so we are expecting to back near 1.29500 and than go lower. We will try to sell
GBPCHF
when price will back to 1.29500 (new resistance level).
GBPCHF
H1 chart, we see support at 1.29500. Considering D1 chart we are expecting to price go lower so we are waiting for breakout below support level. This scenario is forecasting also by another lower peaks. After breakout support will change to resistance. Price tends to test pierced zone, so we are expecting to back near 1.29500 and than go lower. We will try to sell
GBPCHF
when price will back to 1.29500 (new resistance level).