GBP/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.112 area.
✅LIKE AND COMMENT MY IDEAS✅
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This pair is unstoppable so we are waiting for the TP!
i would avoid GBPCHF fed for the contradictory monetary policy from both BoE and SNB, the first is having inflationary pressure meanwhile it's easing on the second!