Currently, the GBPCHF is looking bearish on the daily and hourly timeframes. However, before this move to the downside, we may experience a bullish retracement to the upside, and we can a clear inverted Head and Shoulders form. Therefore we may may capitalize on this move reactively to price behaviour with proper Risk and trade management.
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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.