GBP/CHF: Channel?

 | May 23, 2017 08:44AM ET

Currently we are at 1.2608 in an established channel. If we can stay below this support we are looking to continue to the 0.382 Fibo at 1.2565 and then to the Target at 1.2522. The average daily true range (ATR) for the pair currently is 86 pips.