Hey guys,
For all who trade GBP/CHF, there has been a range lasting about a year. Today it has broken that range and I am wondering what you think of it starting a new uptrend?
Sometimes a breakout of a long term range can signal a new trend.
Could the fundamentals be pointing toward a beginning of an uptrend? I ask this because I am not knowledgeable about this current pair's fundamentals other than today's UK retail data has improved.
Thanks for any input.
For all who trade GBP/CHF, there has been a range lasting about a year. Today it has broken that range and I am wondering what you think of it starting a new uptrend?
Sometimes a breakout of a long term range can signal a new trend.
Could the fundamentals be pointing toward a beginning of an uptrend? I ask this because I am not knowledgeable about this current pair's fundamentals other than today's UK retail data has improved.
Thanks for any input.