Monday, August 15, 2011

GBP/CHF

This one may not make sense, but, maybe just something to keep an eye on.

With all the talk of devaluation of the CHF, it it possible to look for a short on the GBP/CHF???
It's currently trading @ 12950. We have an as yet unhit weekly pivot @ 12412, and, it's Boss to the downside on the 30M chart.
Oh, and an unfilled GAP.
Here's a chart:








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