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Oct 31, 2017 2:01 PM

GBPCHF at maximum YTD, Breaks resistances from 2016 Short

British Pound/Swiss FrancFXCM

Description

FOREXCOM:GBPCHF Has reached a new Maximum for this year, after breaking the resistances from June and July 2016.
We can see over-buy signs from RSI on different timeframes, especially H1, confirming a potential pullback.
Protected by June-2016 resistance zone, our suggested Stop-Loss would be 1.33, and targets of up to 3x Risk-reward ratio.
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