Day: July 6, 2014

GBP/CHF in Upward Channel

A nearly perfect ascending channel has formed on GBP/CHF daily chart. The channel’s beginning is located in late April and the price is still positioned inside the channel’s boundaries after three bounces from the top border and three bounces from the lower border. The channel is shown with the yellow lines. The potential entry level is drawn using the cyan line, while the profit target level is depicted with the green […]