British Pound / Swiss Franc
Short
Updated

GBPCHF is Broken

115
This cross looks likely to further break to the downside. It's attractive because it is retesting a major zone. A breakdown of this cross would indicate trouble in US equities as safety capital flows into the Swiss Franc.
Trade active
Stopped out at 1.4643. Re-entered short at 1.4630.
Trade closed: target reached
Took profit on a small piece today.

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.