GBP/CHF Channel Opportunity

GBP/CHF Bearish: Currently, we are at 1.3023 in a range and a channel. We are looking for a continuation to the 0.382 Fibonacci at 1.2913 and we could bounce there. IF we break that support look to the 0.500 Fibonacci at 1.2913. Remember, Brexit can affect this anytime. The average daily true range (ATR) for the pair currently is 120 pips.

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