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InfinitechTrading

GBPCHF at maximum YTD, Breaks resistances from 2016

Short
British Pound / Swiss Franc (FX:GBPCHF)  
InfinitechTrading  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Wave Analysis Beyond Technical Analysis GBP chf GBPCHF infinitech maximum
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trendanalysis waveanalysis beyondta gbp chf gbpchf infinitech maximum
GBPCHF Has reached a new Maximum for this year, after breaking the resistances from June and July 2016.
We can see over-buy signs from RSI on different timeframes, especially H1, confirming a potential pullback.
Protected by June-2016 resistance zone, our suggested Stop-Loss would be 1.33, and targets of up to 3x Risk-reward ratio.
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