GBP - Strong Bearish
1️⃣ Rising tensions between the UK and EU over the Northern Ireland protocol pressured the GBP.
2️⃣ Ongoing concerns that the opening of the UK economy could still be delayed due to the implication of the Delta variant of the coronavirus, which reported to be around 40% more transmissible.
CHF - Weak Bullish
1️⃣ The strength in CHF has supported by the dollar weakness and mixed market sentiment.
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Technical
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We are selling the GBPCHF at RBS + pivot point on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Rising tensions between the UK and EU over the Northern Ireland protocol pressured the GBP.
2️⃣ Ongoing concerns that the opening of the UK economy could still be delayed due to the implication of the Delta variant of the coronavirus, which reported to be around 40% more transmissible.
CHF - Weak Bullish
1️⃣ The strength in CHF has supported by the dollar weakness and mixed market sentiment.
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Technical
=====
We are selling the GBPCHF at RBS + pivot point on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Trade active
Trade closed manually:
✅ CLOSE POSITION ON 1.27100 AREA
+15 PIPS
+15 PIPS