GBP/CHF: Breakout

 | Jul 07, 2021 08:29AM ET

h2 Bullish

USDX is bearish but not totally clear at the time of this post. For GBP/CHF we are looking for a break of the resistance and then a continuation to the Range Top/ATR Target at 1.2830 area. Watch the USDX for any change in direction. The ATR for the pair currently is 70 pips per day.