Price may retrace after yesterdays strong move up on UK chancellor resignation . technically we can see price rejecting again from short term ascending channel top .. As price is also approaching horizontal resistance a break below channel can give us opportunity to sell GBPCHF for 30 -50 pips counter trend..
In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .
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