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British Pound / Swiss Franc
Long
Updated

Buy GBPCHF Triangle Breakout

GBP/CHF - M30 Chart - Triangle Pattern

Price Breaks the triangle pattern now, its good chance to buy now


✔️Entry @ 1.0737
💵Tp - 1.0850
🔠Sl - 1.0675

Thank you
Trade active
Note
1. BOE decision: A hawkish stance from the BOE, even if it's just maintaining current interest rates, could signal confidence in the UK economy and attract investment, bolstering the Pound.

2. EU-UK deal: The Northern Ireland deal is indeed a positive development, reducing uncertainty and potentially paving the way for smoother future relations. This could boost business confidence and foreign investment in the UK.
Lower recession risk: Hunt's comments, while not a guarantee, certainly ease concerns and could encourage spending and investment, further aiding the economy.

3. BOE approval of fiscal support: The BOE's acknowledgement of the budget's potential to boost GDP adds credibility to the government's economic plans and reinforces confidence in the Pound.
Note
Gbp/Chf now running with +40 pips profit 💵💵
Trade closed manually
with small profit
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