GBPCHF may reverse in Downtrend

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As we have seen recent Bull run on GBPCHF, But now it has reached to its resistance forming a rising wedge with a bearish divergence on RSI. All these three factors are anticipating that a bearish movement will start after breaking this wedge. It may go in accumulation phase for a while on the resistance but it will be another factor to initiate your trades after its break dowwards.

Feragatname

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