GBPCHF shorting the British pound against the Swiss Franc [BTFD]

By majorlee
Updated
a weak British Pound GBP and strong Swiss Franc CHF has potential for a short this week

its bank holiday this monday in UK so not expecting much trading volume but could lead to a good entry for a short

possible we see a small pullback towards 1.272 area which we will be looking to short from

indicators looking bearish
Comment
GBP showing some strength currently, still sticking this one out as CHF will topple the pound in coming weeks
Trade active
snapshot

due to a rally on the £GBP price came back up and resting on the trend level

bring stops down if you wish just incase the support holds
Trade active
GBP rallied last week but then fell again due to brexit crisis news bringing the price down lower
Trade closed: stop reached
britishpoundbtfdGBPCHFgbpchfshortTechnical IndicatorsmajorleemajorleebluntSupport and ResistanceswissfrancTrend Analysis
majorlee