ClearEdgeFX

GBPCHF - 12H - POTENTIAL OPPORTUNITY TO GO SHORT

FX:GBPCHF   British Pound / Swiss Franc
13 0 1
This is shaping up to be a good opportunity to short if the lower trendline were to break. We should be looking at 200-300 pips with relatively modest risk. On the other hand, a strong bullish candle off the lower trendline would suggest a potential retest of the 1.4670 level. This is definitely a set up we'll be keeping an eye on this week.
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