TopTradingSignals

GBP-CHF Giant Narrowing Wedge! Sell!

Corto
FX:GBPJPY   Libra esterlina/Yen japonés
Hello,Traders!
GBP-CHF
is trading in a giant
Narrowing wedge as you can
Clearly see on the chart and
The assumption is that
The pair will keep trading
Inside this wedge until
There is a confirmed breakout
Thus, as the price is headed up
To retest the falling resistance
I believe that after the retest
We are likely to see a pullback
And a move down towards
The rising support but to
Be safe lets say that the
Target is at around
160.530 level area
Sell!
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