The Pound Swiss Franc review.
Good evening all,
Tonight I thought I would review the GBPCHF last posted on the 11th, where it was said it looked as if it may come down but it was not a good trend, and immediately fell about 150 plus points but has since tried to start to climb again.
This post is more to say await an outcome because it is not in a position to short at present although the trend is still down and price is bearish but it does look like a move north is more in order at the moment although for me some things are missing and one is the obvious of going with the trend.
That said let us see the outcome here as a push up does look possible and maybe to the V.I. as mentioned in the previous post and should this happen a re-evaluation can be done then.
As always please ensure to do your own analysis.
Charts courtesy of AdvancedGet.