GBPCHF Hawkish BOE is it possible ? Buy the breakout

95
Hello,

sideways. Range 1.16 / 1.1500 from the bottom and 1.2050 / 2200 from the top.
in case of a surprise hawkish BOE statement (possibly in combination with a Brexit warming) this pair has a chance of a sharp / rapid rise towards 1.2080 / 2200

A breakout and a rise towards 1.19 is the number one point on the checklist
The return and retest around 1.1850 / 35 is number two and long entry
Stop at 1.1770
1st target 1.2080
Second 1.22

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.