GBP/CHF analysis, May 24, 2022
On the 4hour candle chart
The GBP/CHF currency pair has rebounded several times previously from the support area at 1.2107/1.2070.
If the pair crosses the support area, it is likely to target the 1.1914 and 1.1799 levels.
On the other hand, if the support area holds, the pair is likely to test again the 50 and 100 hour simple moving averages resistance located near 1.2233.
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