GBPCHF: Consolidation Squeeze - BUY or SELL?

British Pound/Swiss FrancFXCM

Description

⋅ Jul 25, 2016 4:46 PM

Greetings Traders!

We have a nice consolidation squeeze that has formed on GBPCHF.

RSI shows negative which is a good indicator of a downward breakout.

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Happy Trading!

Comment

⋅ Jul 26, 2016 2:24 PM

Had a false break-out...

GBPCHF @mydailyforex