GBP/CHF Technical Outlook

 | Oct 11, 2017 08:46AM ET

h3 FOMC Minutes today, stay out of USD

GBP/CHF is @ 1.2852 in a channel. We are looking to continue to the 0.500 Fibo @ 1.2772 and then to the 0.618/Day support @ 1.2672. The average daily true range (ATR) for the pair currently is 116 pips.