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GBP/CHF BEARISH BIAS RIGHT NOW| SHORT

Short
Sterlina / Franco svizzero (FX:GBPCHF)  
EliteTradingSignals Aggiornato   
FX:GBPCHF   Sterlina / Franco svizzero
Trend Analysis Chart Patterns Wave Analysis GBPCHF short SELL trading Bearish Patterns Forex forecast techincalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpchf short sell trading bearish forex forecast techincalanalysis containsimage
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Hello,Friends!

GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.131 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Commento:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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