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GBPCHF: 1D Channel Down. Short.

Short
British Pound / Swiss Franc (FX:GBPCHF)  
InvestingScope  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators GBPCHF GBP chf britishpound swissfranc Forex Currencies currency
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trendanalysis chartpattern indicator gbpchf gbp chf britishpound swissfranc forex currencies currency
The pair is trading within a 1D Channel Down (RSI = 37.117, MACD = -0.009, Highs/Lows = -0.0025, B/BP = -0.0105) on a very steady pace that is technically looking for a new Lower Low near 1.22500 (which is the 1W support). Although it is past the 1D support we will take a safer short term sell with TP = 1.23950.



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