CarterKyleCapital

GBPCHF Buy to .382 Retracement

Largo
FX:GBPCHF   Libra esterlina/Franco suizo
GBPCHF has been bearish all month and has hit the D ext with a very shallow retracement. With good news from the GBP yesterday there may a Bullish rebound for at least a short term move. Keep an eye out on this pair because there is a Bearish H&S pattern that is forming if it breaks it could drop all the way down to .9440 level. Use a trail stop of you take the trade.

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