GBPCHF: Time to Sell? 🇬🇧🇨🇭

11 בנוב׳ 2022

We have spotted a confirmed neckline breakout of a head and shoulders pattern on GBPCHF on a daily.
Analyzing lower time frame this morning, I spotted a falling parallel channel on 4H time frame.
We see a positive bearish reaction from its upper boundary.

I expect a bearish move to 1.118 now.

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