seekingpips

GBPCHF Remember This Chart? GBP Breakout Trade In Majors

Long
FX:GBPCHF   British Pound / Swiss Franc
We had thought we had posted this chart yesterday again but we hadn't

Anyway As per our HEAT MAP, You can see GBP has held first place for Many weeks now, & CHF along with JPY have been fighting between them as to which keeps last spot as the WEAKEST of the Majors.

Our earlier PRICE Target were Met and EASILY EXCEEDED

Keeping things simple we will be looking to stick in favour with the GBP strength narrative unless Price structure and our HEAT MAP tell us otherwise.

Therefore we will be looking to enter on retracements back to current establish Support & new areas as they develop on the price chart.


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