GBPCHF Analysis on the Daily Chart Time Frame

The GBPCHF has been trending to the downside since the beginning of May from resistance level of @1.34200 after a breakout of the ascending channel which gave it a high selling momentum

Also not to forget, there was a daily closure below the recent support level of @1.28800 we did get some lower time frame pattern which confirmed a trend continuation.

Big opportunity for price to push to the upside as it has hit a Weekly support level. waiting for a reversal pattern on the lower time frame for a buying opportunity

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