GBP/CHF Technical Analysis for June 27, 2011

By ForexMansion.com

 

GBP/CHF fell again Friday, retesting the all-time lows made earlier in the week. The pair looks horrible, and we can say with certainty that it is a “sell only” pair. We like selling rallies, and after this most recent plunge lower, we may get that chance soon. However, we wouldn't be shy about selling upon making new lows either.

Originally posted here

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