bearvsbullmarket

Great Britain Pound-Swiss Franc's decline continuation? Part II

FX:GBPCHF   Paun British / Franc Swiss
Two days ago, we've seen the Great Britain Pound rise towards all of its pairs due to the decline of the Dollar... except from the Swiss Franc.

After my re-analysis of this pair (see my previous analysis at my Link to Related Ideas), I've seen another trend line on play at daily. Despite the ongoing ascending trend line , there is still a trend line on 4-hour suggesting a downside trajectory. I will be holding my short trade and will see where this will go. For safety of others, I will be putting the Investment Strategy on Neutral.
Penafian

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