theforexportal

GBPCHF heading up but pullback needed

FX:GBPCHF   British Pound / Swiss Franc
GBPCHF remains in an uptrend but with having done 300 pips in the last 3 days, prices are stretched and a retrace is needed to ease overbought conditions. Look for a move down to lower levels possibly in the 1.2440 area and see if we get a bounce here.