Looking at GBPCHF for the week, I see the possibility of it going long, I expect a pullback to the POC area 1.11400 before going long, knowing that more positions were added on long on the GBP compared to the short, Also there is more weight on the CHF compared to the GBP, again the volatility for Gbpchf slightly increased with 0.01% compared to the previous week. Therefore, my overall bias for this pair is long but might not move much.
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks