GBPCHF Intraday: selling rallies with target below 1,27
Hi
the pound is weaker in recent days, the weaker market sentiment does not help either. The bulls on CHF are trying to use this sentiment. I expect more volatility after the SNB's rate decision.
IMPORTANT: attention to the "invisible hands" of the SNB after the decision, it is the main risk factor for this pair for today.
Sales 1.2825 + rallies towards 1.2875
Stop above 1.2895
Target 1.2685
Good luck
the pound is weaker in recent days, the weaker market sentiment does not help either. The bulls on CHF are trying to use this sentiment. I expect more volatility after the SNB's rate decision.
IMPORTANT: attention to the "invisible hands" of the SNB after the decision, it is the main risk factor for this pair for today.
Sales 1.2825 + rallies towards 1.2875
Stop above 1.2895
Target 1.2685
Good luck