By ForexMansion.com

 

The GBP/CHF had been in a holding pattern for several days as we wanted to see which way it would break. The move has shown itself as bullish, and it appears that the bulls are starting to assert themselves again. Because of this, look to buy on minor pullbacks until we rise back to the 1.50 level. Of course a break below today’s candle is very bearish and with the overall trend so be careful.

Originally posted here

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