JeffKip
Short

GBPCHF Bearish Probability

FX:GBPCHF   British Pound/Swiss Franc
45 0 2
  • Primarily a technical play but with the recent ECB action, the CHF may appreciate versus other pairs as the EUR catches a bid.
  • Brexit fears, as much as they seem forgotten may take centre stage once more as the first quarterly round of Central Bank activity ends next week.
  • This contrast makes FX:GBPCHF             a favourable play.

With the break of the ascending trend-line a subsequent retest, the anticipated move is to the downside.

Target 1:
1.39300 - 1.39000

Target 2:
1.37500 - 1.38000
Trade closed: target reached: All targets hit. Good trade.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out