dhoover
Long

Long in Channel

FX:GBPCHF   British Pound/Swiss Franc
10 0 1
GBP is sideways across the board except for major moves from external sources (i.e. USD, JPY). CHF is also fairly neutral at the moment. Thus I am not counting on any big move, but technicals look good for the pair to continue in the uptrending channel.

We have a support zone formed by daily support and .23 and .38 fib levels for the recent move from previous double bottom .

Because of my personal risk levels and trading style, I'd prefer to let the pair do a partial retrace and catch it on the next swing up
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