GbpChf in very strong resistance Short

British Pound/Swiss FrancFXCM

Description

⋅ Sep 17, 2021 6:18 AM

Since April, GbpChf is trading is a 200 pips range (more or less)
At this moment the pair is around 1.28, wich is strong resistance.
I expect the price to roll back towards 1.26 support
A clear close above 1.2850 would negate this scenario

Trade closed: target reached

⋅ Sep 21, 2021 11:11 PM

Comments

ProjectSyndicate

⋅ Sep 17, 2021 10:47 AM

so far so good, reasonable targets