GBP/CHF: Shorting Opportunity
Scott Barkley | Oct 18, 2021 08:43AM ET
GBP/CHF was bearish at the time of this post, trading near 1.2675, in a range. We are looking for an initial move to the ATR target 1.2617-23. But, if we break below the support level, we could head towards 1.2590.
Watch the pair for any change in direction. The ATR for the pair currently is 87 pips per day, and its 180-day average is 81 pips.
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