British Pound / Swiss Franc
Short
Updated

GBPCHF: Complete Indecision 🇬🇧🇨🇭

513
snapshot

Hey traders,

GBPCHF is currently consolidating within a wide horizontal trading range on a daily.

1.282 is its resistance
1.258 is its support

To catch a bullish move, wait for a daily violation of a range's resistance.
Next goal will be 1.3055

To catch a bearish move, wait for a breakout of a range's support.
Next goal will be 1.237

For intraday trading consider the boundaries of the range for buying/selling.

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Note
Check my new idea on NZDJPY:
NZDJPY: Classic Trend Following 🇳🇿🇯🇵

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