GBPCHF Sell Opportunity – 24-April-2019

For most part of this month CHF has been the worst performing currency among majors. However, at this point we may be looking at signs of a reversal. The uptrend line on H4 time frame of GBPCHF has been broken to the downside.

Trading preference

The preference is to sell the pair. There could be a short while of consolidation, and if a proper corrective structure is seen, it is a good opportunity to sell GBPCHF.

Remember to use proper risk management.
Disclaimer: Our analysis and forecasts given on this website are just our point of view about the market. It is not a trading signal or investment advice. 

Recommended brokers

Amir is a graduate in International Economics. He has been active in the financial markets since 2014.

Leave a Reply