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Chris Capre’s live open price action and ichimoku trades: EURUSD, GBPUSD, AUDJPY, EURCZK, CAC40, VIX
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GBPCHF – Small Corrective Structure In Bear Trend, Wanting to Sell (1hr chart)
Price Action Context
Like most GBP forex pairs over the last several weeks, the GBPCHF has been losing ground, in this case to the CHF to the tune of over 3.5 handles since mid-May. The pair has recently formed a small corrective structure at the bottom of this latest trending move, which we consider to be …... Keep reading