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SwissPips
Jun 3, 2021 1:11 PM

GBP/CHF: Bought at market price (nearly 40-pip trade) Long

British Pound/Swiss FrancFXCM

Description

Hi guys,

The pair is showing some bullish momentum since this morning.

According to the ICHIMOKU CLOUD, it could potentially reach the next untested resistance in the next hours.

The Lagging Span on the hourly chart has no real obstacle and the 15-min chart is showing bullish signs as well (price above the cloud, Lagging Span above the price, future KUMO green = bullish).

The R/R is slightly above 2 for this trade.

Trade with care,

Jesse

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