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02.02.202311:12 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movements of GBP/CHF Cross Currency Pairs, Thusday February 02, 2023

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With the appearance of deviations between price movements with the Awesome Oscillator indicator and price movements that move below the Moving Average on the 4-hour chart of the GBP/CHF Cross currency pair, we can clearly see that GBP/CHF is currently depreciating with a target of 1.1184 but before reaching the target level, GBP/CHF is likely to experience a correction to the level of 1.1275 as long as the upward correction does not exceed the level of 1.1353, the downside scenario that has been described will still run safely.

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