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Mihai_Iacob

GbpChf- towards 1.16?

Short
Livre sterling / Franc suisse (OANDA:GBPCHF)  
Mihai_Iacob  
OANDA:GBPCHF   Livre sterling / Franc suisse
Trend Analysis Chart Patterns Technical Indicators GBPCHF gbpchfshort gbpchfanalysis
3
0
trendanalysis chartpattern indicator gbpchf gbpchfshort gbpchfanalysis
Like in other currency pairs, Gbp corrected forming a rising wedge also with Chf. Now the support of the pattern is broken and the pair is ready to resume its downtrend.
A sell trade on this pair has a spectacular R: R ratio of 1:4
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