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WEEKLY ANALYSIS (26-30 / OCT 2015) - GbpChf

Livre sterling / Franc suisse (FX:GBPCHF)  
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FX:GBPCHF   Livre sterling / Franc suisse
Cypher #weeklyanalysis
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cypherpattern #weeklyanalysis
Bearish Cypher completion at structural resistance at around 1.51000 handle. Also the inversely co-related pair EurGbp has bullish Shark & AB=CD pattern completion which suggest its bullish move is up coming, hence shorting this will not be wrong idea.
Commentaire:
Closed partial position with loss of 30 pips & reducing SL to 1.5130 from 1.5170, reducing risk by 40 pips.

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