GBP/CHF: Channel Continuation?

 | Feb 14, 2017 08:52AM ET

Currently GBP/CHF is at 1.2524 back in the channel after a false breakout. We are looking to continue to the 0.382 Fibo @ 1.2443 with another target @ 1.2405. The average daily true range (ATR) for the pair currently is 100 pips.