DK_Investment

GBP/CHF - big short move possible - pair for watchlist ;)

Short
FX:GBPCHF   Livre sterling / Franc suisse
GBPCHF pair reached a strong resistance area (upper down trend channel trend line)but is still in up trend. Market need to show sideways movement for couple of days otherwise this idea is invalid.

Wait for market movement as drawn in the second chart before entering the market.

Important notice: This Thursday are general elections in the UK (elections to the UK Parliament). Expect very volatile markets !

We will update this idea in our VIP group - contact us for further information.


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