GBPCHF – Trading around historical lows, looking for shorts
Earlier today, the GBPCHF broke through the ST support level triggering a bearish market condition, it also broke the previous low and now it is trading around historical lows. I’m currently looking for short opportunities in the GBPCHF:
As long as the GBPCHF keeps trading below 1.3267 I’ll be looking for short opportunities. If I go short, since there are no further LT support levels, I’ll use a 3:1 risk reward ratio.
Tags: GBPCHF analysis
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