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GBP/CHF SHORT FROM RESISTANCE

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Paun British / Franc Swiss (FX:GBPCHF)  
EliteTradingSignals  
FX:GBPCHF   Paun British / Franc Swiss
Trend Analysis Chart Patterns Wave Analysis GBPCHF short SELL trading Bearish Patterns Forex forecast techincalanalysis Contains image
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Hello,Friends!

The BB upper band is nearby so GBP-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.108.

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Penafian

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