Mihai_Iacob

GbpChf- bearish under 1.1940

Short
OANDA:GBPCHF   Livre sterling / Franc suisse
After breaking the rising wedge resistance, GbpChf is consolidating in a tight range (considering its volatility).
I still believe that a top is in place and the downtrend is about to resume and a daily close under 1.1940 would reinforce this view.
Potential target for short positions can be 1.15-1.16 zone

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