The uptrend in the pound vs. franc trading history is rather fresh if we look at the daily chart — it has started to rise just in August this year. After a brief correction that spanned from mid-September through the first decade of October, the pair rallied strong and is now consolidating inside a short-term symmetrical triangle. Breaking out to the upside from this formation will provide a good bust for GBP/CHF to rally further.
The borders of the triangle are shown with the...
GBP/CHF Consolidates in Symmetrical Triangle on Daily
* This article was originally published here
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