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Forexintelligence_NA

GBPCHF might continue declining

Short
British Pound / Swiss Franc (FX:GBPCHF)  
Forexintelligence_NA  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis GBPCHF gbpchfshort gbpchfanalysis gbpchfforecast gbpchfsignal Contains image
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trendanalysis gbpchf gbpchfshort gbpchfanalysis gbpchfforecast gbpchfsignal containsimage
GBPCHF is trading within a descending channel and the pressure seems to be very strong to the downside. Price got rejected at the resistance of the channel and we saw strong decline last week. I will be looking for bearish continuation developments for short possibilities. My target will be the low at 1.21727


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