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GPBCHF is approaching support, potential bounce!

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Libra Esterlina/Franco Suíço (FX:GBPCHF)  
easyMarkets Corretora  
FX:GBPCHF   Libra Esterlina/Franco Suíço
Trend Analysis Harmonic Patterns Chart Patterns GBPCHF GBP chf gbpchflong gbpchfshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern gbpchf gbp chf gbpchflong gbpchfshort forex forextrading forexsignals
GPBCHF is approaching our first support at 1.3021 (horizontal swing low support, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 1.3168 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price.
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