British Pound / Swiss Franc
Long
Updated

Room for GBPCHF to move lower before reversal

88
GBPCHF nearing major Monthly DZ, there is confluence of historical monthly pivot and key fibo level.
With strength of GBP currently weaker than CHF, we can anticipate GBPCHF to go a bit lower before confirmation of reversal.
Will update when there's opportunity or invalidated.
Order cancelled
Missed the run as price did not go lower for a trade setup.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.