GBP/CHF – channel to the top

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GBP/CHF – channel to the top

By Pro Act Traders — Author

Note:FOMC Today!

Forex Strategies Bullish: We are currently @ 1.1341 in a channel in a big range. We are looking for a continuation to the ATR target @ 1.1385 and then further movement to 1.1400. Convergence is in play for the long. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 81 pips and it’s 90 day average is 87 pips.

Posted to Introduction to Forex Targe… on Nov 07, 2024 — 8:11 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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