EliteTradingSignals

GBP/CHF BEARS WILL DOMINATE THE MARKET|SHORT

Short
FX:GBPCHF   Sterlina / Franco svizzero
Hello,Friends!

GBP/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 1.094.

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Commento:
We are seeing a good move already so we will keep the trade running!

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