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Johanes

JLS GBPCHF 1.3100-1.2400-????

Short
British Pound / Swiss Franc (FX:GBPCHF)  
Johanes Updated   
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Beyond Technical Analysis
1
0
trendanalysis beyondta
Still good to trade and wider by measuring the relative price to GBPUSD/USDCHF
Comment:
I short GBPCHF at 1.3000 with stop loss 1.3100 to target lower ceiling by taking the risk of overnight rollover charge on interest rate differential.
Comment:
Short trade closed. Long trade will be executed from the monthly lower to look for two source of profits, from the GBP appreciation by the CHF plus interest rate differential rollover fees.
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