GBP/CHF: Breakout and price are falling! SHORT

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Paun British / Franc Swiss (FX:GBPCHF)

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FX:GBPCHF Paun British / Franc Swiss

trendanalysis indicator chartpattern gbpchf

The GBP/CHF after sticking in a consolidation area for a while, finally today broke the 1.1500 support line and seems to fall down violently. The RSI turned Bearish, the Stochastic is going to enter into the oversold Area. The price is Below all the media moving average ( 50 + 200 ) and the forecast of Ichimoku it's already bearish. These clues are signs of a new strong Push down by this currency pair.

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GBP/CHF: Breakout and price are falling! SHORT

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