FX.co ★ Technical Analysis of Intraday Price Movements of the GBP/CHF Cross Currency Pair Thursday December 01 2022.

On the 4-hour chart the GBP/CHF cross currency pair appears to be stuck at the RBS (Resistance Become Support) level at 1.1353 where currently GBP/CHF seems to be getting ready to appreciate rising up to the 1.1463 level as its first target and 1.1575 as its second target however, with deviations between price movements and the CCI indicator, as long as there is no significant downward correction to below the 1.1327 level, the upward rally scenario described earlier will remain valid.

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