GbpChf - Bear Flag

٥ نوفمبر ٢٠١٧

Last week the GBPCHF sold off due to Bank of England data and we look for further declines as a possibility this week. Price is in the process of forming a Bear flag with a further correction, potentially to broken support turning resistance at 1.31809, providing a great place to look for Bearish patterns for shorts down to the targets of 1.29883 and 1.28748 respectively.