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GIBBSXAU
Jun 17, 2021 8:16 PM

GBP/CHF shorts Short

British Pound/Swiss FrancFXCM

Description

GBP/CHF looks like it is in a very desirable area to short in my opinion. We seem to of reached a strong resistance zone with countless rejections to the upside. Today has been a super bullish day for this pair, with virtually no downside movement, I'm thinking now may be the time for a healthy pullback. I'm interested to see how this trade plays out during the Asian session. I'm taking a chance here and shorting with a 15.5 pip SL.
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