Gold price forecast, GBPUSD and USDCHF rates for today


For the British currency, the price bounced off the resistance level of 1.3712 (line from the weekly timeframe), and is also trying to say goodbye to the broken ascending channel. The option for the development of a downward movement remains a priority:

Gold bounced off the uptrend and horizontal at 1825.00, so there is a chance that the precious metal will try to break through to the horizontal at 1965.00:

As for the Swiss franc, it is still an option – a hike down towards the support of 0.8760. It should be noted here that support may not resist and be broken downward, so when the price approaches the horizontal, it is worth observing the price behavior:

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Libertex [CPS] WW

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