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Chart Of The Day: GBP/CHF

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 5, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Sterling crosses have recently been stuck in relatively tight holding patterns as if consolidating in preparation for some major move. This is perhaps most evident on the GBP/CHF daily chart, as shown. Since mid-January, this currency pair has bounced repeatedly off of two parallel lines in a tight horizontal range....

    complete article here...

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