GBPCHF is currently sitting on weekly support and we have RSI turning up from its previously oversold conditions. On the lower timeframes we have a falling wedge and an inverse head and shoulders patterns that has broken out. See below for lower-timeframe charts.
Commento:
Trade chiuso: stop raggiunto:
We took out multi-year lows. Very significant technical levels. Bias is flipped to continue shorting GBPCHF