Elkana Roveglia BA
Takemytrades.com
Today is a big day for the GBPCHF pair as we will have interest rate decision coming out. Analysts are not foreseeing any hike or cut however the currency is giving us a message: THE END IS NEAR! We know the end is near for few factors: 1) We have divergence in this pair as showed in the charts 2) if the pair is trending in the channel then we are approaching the channel's wall. If you are still in this trade, move your stop close and hopefully the market will give us another 60 pips going to the 0.618 Fibonacci level @ 1.3861.
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