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GBP/CHF Targets Channel Peak – Is a Breakout Imminent?

11/07/2024

Less than a minute

2024.11.07 11:07

Note: Today!

Forex Strategies Bullish: We are currently @ 1.1341 in a channel in a big range. We are looking for a continuation to the ATR target @ 1.1385 and then further movement to 1.1400. Convergence is in play for the long. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 81 pips and it’s 90 day average is 87 pips. GBPCHF – channel to the top