Trade Idea GBPCHF

Posted byNeil CallardPosted inforex technical analysis

Sell Signal GBPCHF

GBPCHF has broken below 1.2740, helped by the news that UK PM Boris Johnson is concerned by the increasing number of Indian variant covid cases in the UK.

Sellers will be found ahead of 1.2740 looking for a drop to target 1.2660/40 support.

Stops should be placed at 1.2760.

Charts provided by http://www.eightdragonscapital.com

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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