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.

Trade Safe!

Raul Lopez
Forex Courses