Our preference: rebound towards 1.2402 before a resumption of the decline.
Alternative scenario: in excess of 1.2402, the GBP / CHF could go on 1.2439 and 1.2462.
Comment: The RSI is greater than 50. The MACD is greater than its signal line and positive. In addition, prices are below their moving average 50 (1.2357) but above their moving average 20 (1.2343
Alternative scenario: in excess of 1.2402, the GBP / CHF could go on 1.2439 and 1.2462.
Comment: The RSI is greater than 50. The MACD is greater than its signal line and positive. In addition, prices are below their moving average 50 (1.2357) but above their moving average 20 (1.2343