forexentryideas

GBP/CHF end of correction?

Short
FX:GBPCHF   British Pound / Swiss Franc
0
The pair is in correction in the descending channel and seems like it's about to decline, finishing correction according to false breakout. 1.4000 round number will be the first resistance and if price manages to break it and also the first supportive trend line and consolidate bellow it, than probably down side of the channel near 1.34-1.35 zone will be reached.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.