Looking at the potential to run north on Pound Chf

Long

British Pound / Swiss Franc (FX:GBPCHF)

Updated

FX:GBPCHF British Pound / Swiss Franc

I want to be looking at an upward swing on this pair. The focus is on a down AB boundary, so I'm not going to trade against this trend for too long. But I see the potential to head to 1.30 If you want to enter now. you can trade into targets at 1.27900 and 1.2995. Stop will be below 12540, so I am going for the second target. Be vigilant because remember this is bearish and we are countertrend trading.

Trade active:

added 12615 buying

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