GBPCHF: Structure Based Trade 🇬🇧🇨🇭

Updated
snapshot

What a cute bearish engulfing candle on GBPCHF.
After some local consolidation & indecision, we see a high momentum bearish candle on hourly
demonstrating us a strong bearish pressure.

Taking into consideration that the pair is very bearish on intraday perspective,
I expect a bearish move.

Goals:
1.263
1.258

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Note
Check my new analysis on USDCAD, SILVER (XAGUSD), EURGBP, WTI OIL:
 MarketBreakdown | USDCAD, SILVER (XAGUSD), EURGBP, WTI OIL
Candlestick AnalysisFibonacciGBPCHFpriceactionSupply and DemandswissfrancTechnical Analysistrading

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