colinsheen
Long

GBPCHF follow the trend long idea

FX:GBPCHF   British Pound/Swiss Franc
70 0 3
a year ago
GBPCHF             is retracing to a trendline extended from mid october.
This trendline has been proved support for several times and now price is just above it.

We may go long now or, for conservative traders, wait for a break above the corrective channel (the red one) then long retracements.
a year ago
Comment: BTW, it is not surprising if SNB intervenes CHF value before or after ECB meetings.
If Euro is going to devalue, so will be CHF.
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