GBP/CHF Poised for Further Gains

GBP/CHF Completes Bullish Harmonic Pattern, Poised for Further Gains

At the beginning of August, GBP/CHF completed a bullish harmonic pattern at the 1.0740 level. Since then, the pair has been on a steady upward trajectory.

This upward movement is also influenced by the divergent monetary policies of the UK and Switzerland. Given that GBP/CHF typically experiences only minor corrections, it appears that the pair is set to continue its ascent.

The targets for GBP/CHF during September are 1.1320, 1.1490, and 1.1660, as indicated on the chart.

You may find more details in the chart!
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