British Pound / Swiss Franc
Long
Updated

GBPCHF Buy opportunity-28.08.2017

35
Hello Guys,
As always, you don't expect Yellen or Draghi to be clear on their future monetary plans. sometimes though, common sense dictates stuff and right now the Euro is just about the right currency to have in your portfolio. Correction downwards should is on the tunnel and this should provide a wonderful opportunity to buy on dips.
today though, I will set a buy stop for GBPCHF at 1.2350, stop loss at 1.2280 with take profit at recent highs of 1.26
Note
Re-enter @1.2270, stop loss below @1.2220 with a 1:3 risk reward ratio. Better still, take profit remain @1.26

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