GBPCHF Forecast - is Bearish/Sell (Sterling shall Sink)
Dear traders,
Here is your GBPCHF Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the CHF stands at “7”, meaning that the CHF is stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at 1.2678 (with a 1% risk position size)
Our 2nd SELL Limit is placed at 1.2697 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.2554
Our Stop Loss is placed at 1.2720
This is a 130 PIPS trade - Risk Reward 1:6
Chart Timeframe; H4
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Trade Smartly.
Here is your GBPCHF Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the CHF stands at “7”, meaning that the CHF is stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at 1.2678 (with a 1% risk position size)
Our 2nd SELL Limit is placed at 1.2697 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.2554
Our Stop Loss is placed at 1.2720
This is a 130 PIPS trade - Risk Reward 1:6
Chart Timeframe; H4
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Trade Smartly.