J_Graystone
Long

GBPCHF Bullish Breakout Pattern

FX:GBPCHF   British Pound / Swiss Franc
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Text book Breakout pattern on this pair. The more conservative traders would be looking for targets at a retest of the highs whilst the more longer term traders will be looking for the extension.
Not a pair I trade but will be monitoring this today for my personal portfolio development.

Great analysis - the converging channel worked a treat here
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Bunch of GBP news on the 19th, fingers crossed
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