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GBPCHF Short
British Pound / Swiss Franc
Short
GBPCHF Short
By salsapete
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Aug 24, 2022
0
Aug 24, 2022
The bias is to the downside with price well below the 100 MAV.
Price recently has based around the 1.1630 and has seen a drop to 1.13.
The next base may form around the 1.14 level.
The RSI suggests that the Sellers are in control ( with momentum steadily travelling below 50 level)
Short trade considerations on chart , with targets set by Fib extensions.
Fibonacci
Supply and Demand
Trend Analysis
salsapete
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