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GBP/CHF exit from the channel and fall

01/31/2023

Less than a minute

2023.01.31 14:53

Budrigananalytics – GBP/CHF is currently trading in a range and has broken out of the uptrend at 1.1379. With an additional target for the ATR at 1.1215, we are hoping for a continuation to the 0.500 Fibo area at 1.1314.

Divergence is at play here. The USDX will show you where to go. The pair has an average daily true range (ATR) of 79 pips and a daily average of 97 pips over 180 days. is up right now.