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AmitTrades

GBPCHF -1D Bearish scenario

Short
British Pound / Swiss Franc (OANDA:GBPCHF)  
AmitTrades  
OANDA:GBPCHF   British Pound / Swiss Franc
Chart Patterns Harmonic Patterns Technical Indicators GBPCHF gbpchfshort gbpchfanalysis gbpchftrade gbpchftrend gbpchfforecast gbpchfdaily gbpchfsignal gbpchfidea
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chartpattern harmonicpatterns indicator gbpchf gbpchfshort gbpchfanalysis gbpchftrade gbpchftrend gbpchfforecast gbpchfdaily gbpchfsignal gbpchfidea
Currently the British Pound is showing weakness against several pairs due to change in fundamentals last week, and is expected to fall, so we can consider it to sell against the swiss franc and aim for 1.10908. Also there is a cypher pattern formation on the daily timeframe, must use stop-loss.
Note - This is my personal analysis and not financial advice, before placing any trades do your own research.
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