Badi_Gunnars

GBPCHF shorting

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OANDA:GBPCHF   Libra Esterlina/Franco Suíço
Price has been reaching after the news today to the demand area 1.11050. We have to consider that price didn't make any highs than 1.11536. On a simple way, price is running in a channel and going down after price has almost touched the top of the channel 3rd time. By almost I mean it could check once again reaching for the top.
TP can be collected in 2 points 1.10550 and the last one after LQD grab 1.10140.
Which is actually the bottom of the channel.

Please trade on your own risk.

Good luck
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