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EIP-EverythingIsPlanned

GBPCHF Weekly Forex Forecast 23rd September To 28th September

Libra Esterlina/Franco Suíço (OANDA:GBPCHF)  
EIP-EverythingIsPlanned  
OANDA:GBPCHF   Libra Esterlina/Franco Suíço
Wave Analysis GBPCHF gbpchfshort gbpchflong Forex forexsignals forextrading
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waveanalysis gbpchf gbpchfshort gbpchflong forex forexsignals forextrading
Midterm forecast:

1.2745 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
We will close our open trades, if the Midterm level 1.2745 is broken.
Technical analysis:

While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 39.
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