FX.co ★ GBP/CHF

As of today, the GBP/CHF currency pair continues to move within an ascending channel, which indicates that buyers still maintain control. After an attempt to stay below the 1.0826 level, a pullback began. I expect that in the near future the price of the pair will move roughly in the range from 1.0840 to 1.0880. At the moment, the 1.0840 level is the nearest resistance; if the price manages to break above this level, it may become one of the first signals that a move toward 1.0880 is likely to begin, although a pullback may also occur. However, it is important to note that since the price is currently below this point, the priority movement remains bullish.