If you like range trading, you definitely need to take a look at the GBPCHF, it is trading in a very well defined 1H range:

It just got rejected from the bottom of the range, guess where it is heading? Yep, it is likely to continue its way up until it reaches the next short term resistance level (upper green level) at 1.4751.

Trade safe and have a great weekend!

Raul Lopez
Forex Course