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Obsy
May 31, 2017 2:59 PM

GBPCHF LONG OPPORTUNITY Long

British Pound / Swiss FrancFOREX.com

Description

A potential to go long on the GBP/CHF. Price has come to a halt after hitting trendline support dating back to late 2016 on the Daily Chart. The 4H chart shows formation of a possible double bottom pattern and the buy is confirmed by a stochastic overbought indication. Possible targets close to 600 pips from current price.



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