GBP/CHF
The bears’ first attempt to keep the price inside an “oversold zone” failed. However, we can’t exclude a possibility that they can try to break the 0/8 level during the day one more time. The main target is still at the -2/8 level.
The pair is moving in the lower part of the H1 chart. It looks like the bears are going to enter an “oversold zone” again during the next several hours. If the price breaks the -2/8 level, the lines at the chart will be redrawn.
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