workingtraders
Long

$GBPCHF Long matching fundamentals and Technicals

FX:GBPCHF   British Pound/Swiss Franc
157 6 3
Technicals on the chart.

Fundamentals:

We have season plays for GBP as June/July are the strongest months.
We have more pressure from Market for BOE to hike rates.
Data for UK is improving.
Deflation not a big deal.

CHF negative deposit rates, also SNB ready to intervene on a strong CHF.
Love see others charts. Even comments why it could work or not. We are all here for one goal. Make money and Learn.
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Excellent, I've been waiting for this long to set up.
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IvanLabrie PRO IvanLabrie
My take:

snapshot


Potential time and price target for a reversal.
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It's looking very good so far, needs to turn up on UK data releases this week.
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valid to hit long now
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IvanLabrie PRO workingtraders
Looks good!
I'll wait for a lower tf setup before jumping in, probably leaving a buy stop after today's NY close.
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