majorlee

GBPCHF shorting the British pound against the Swiss Franc [BTFD]

Short
majorlee Updated   
FOREXCOM:GBPCHF   British Pound / Swiss Franc
a weak British Pound GBP and strong Swiss Franc CHF has potential for a short this week

its bank holiday this monday in UK so not expecting much trading volume but could lead to a good entry for a short

possible we see a small pullback towards 1.272 area which we will be looking to short from

indicators looking bearish
Comment:
GBP showing some strength currently, still sticking this one out as CHF will topple the pound in coming weeks
Trade active:

due to a rally on the £GBP price came back up and resting on the trend level

bring stops down if you wish just incase the support holds
Trade active:
GBP rallied last week but then fell again due to brexit crisis news bringing the price down lower
Trade closed: stop reached

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