I guess there aren’t many traders whose main focus i son the GBPCHF, but hey, if it give us a good opportunity to trade it, why not take it? An opportunity is an opportunity regardless of the quote name (of course we are talking about the majors and most crosses, not exotic pairs).
Anyway, the GBPCHF is trading in a bullish market condition:
So as long as the GBPCHF keeps trading above HOPS1 and HOPS2 I will be looking for long opportunities.
Tags: GBPCHF analysis