GBP/CHF: Wave 3?

 | Jan 20, 2016 08:59AM ET

GBP/CHF
Currently we are at 1.4213 working a channel in the 3rd Wave. We are looking to continue to the support @ 1.4084 with an overall target near 1.3980. The average daily true range (ATR) for the pair currently is 157 pips.