GBPCHF showing great potential for 60 Pip sell. It is currently sitting at the 0.50 fib level as well as 50 EMA providing clear strong resistance structure. We can see that it has clearly broke the 0.50 fib level and coming back in order to retest this level. Furthermore we can also see the clear trend that GBPCHF is now forming with new lower highs and lower lows. I have set TP at a level of key support however still has great potential to go further following the current support trend line. Stop loss on the other hand is set at 35 PIPS !