British Pound / Swiss Franc

Short

GBPCHF: Important Breakout & Bearish Outlook

snapshot

GBPCHF has just broken and closed below a support line of a rising wedge pattern on 4H.

Now its trend line serves as a local supply area.
I recommend you looking for short opportunities from that zone.

Goals: 1.2035/1.196

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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.