GBPCHF Selling Idea
The British Pound seems vulnerable against the Swiss Franc after GBP/CHF confirmed a downside breakout through an Ascending Triangle continuation pattern. This could eventually pave the way for the pair to revisit the current 2020 low at 1.1118. The recent break under the 1.1672 – 1.1725 inflection zone underscores this argument. Getting to lows from March entails taking out the 61.8 %% Fibonacci retracement Support .
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