Prolonged uptrend on breakout beyond 1.1500/1.1580 – SocGen

Share: GBP/CHF saw a V-shaped bounce from the 1.0185 low made in September 2022. The first wave of upside found stiff resistance near 1.1500/1.1580, which represents the 61.8% retracement of May 2022. Economists at Société Générale analyze technical outlook of the pair. 1,1000 is expected to act as an important support The pair […]