GBP/CHF Channel Opportunity

 | Oct 27, 2020 08:09AM ET

GBP/CHF is  currently at 1.1849 in a channel in a range. If we can break resistance here, we are looking for a continuation to the ATR target at 1.1919 area. The further target is the R4 Resistance at 1.1950-55. Watch the USDX for direction.The ATR for the pair currently is 94 pips per day.