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GBPCHF Long opportunity

Long
FX:GBPCHF   British Pound / Swiss Franc
GBPCHF got its strength from CHF's weakness which is weaker than GBP. GBP also lost its strength but not so powerful to lose its total strength. GBP inflation and unemployment news released strong in last 2 weeks. This pair might see its retracement which stays 1.2550 band equals to fibbo %50 band. Might move upwards till 1.30 band which monthly Res holds and might see with its long power at 1.3030band which fibbo %127 holds.

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