pookiethepirate

GBPCHF opens at 1.21700s near huge resistance. Reversal?

Short
FX:GBPCHF   British Pound / Swiss Franc
GBPCHF will open up at around 1.21700s with that area and 1.22 being the highest consistent resistance. Considering GBPCHF is in a range, are we going to see a reversal, back down to monthly 1.17500s?

Wait for price action to then sell at around the 1.21700 - 1.22 area.
Comment:
I used a currency site that's usually accurate that said it'd open at a gap, but guess not. Downside bias remains at blue zone.
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