GBPCHF Analysis:
GBPCHF has broken the top level of the resistance area. The old resistance area is converted into a new support area in the 1-hour timeframe chart.
After the confirmation of upward movement, GBPCHF buy signal given.
GBPCHF Update:
GBPCHF is trying to re-enter into the old resistance area in the 1-hour timeframe chart which leads to the SL price. However, GBPCHF is still consolidating and ranging around these price levels.
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