By ForexMansion.com

 

The GBP/CHF fell back to the 1.45 area again, showing a decided lack of conviction in either direction again. The area looks to be a consolidation zone in the making. This shows that the market is currently deciding what it wants to do. It should be noted that we are in a massive downtrend, and a nice large red candle would be a great signal.

Originally posted here

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