What a cute bearish engulfing candle on GBPCHF. After some local consolidation & indecision, we see a high momentum bearish candle on hourly demonstrating us a strong bearish pressure.
Taking into consideration that the pair is very bearish on intraday perspective, I expect a bearish move.
Goals: 1.263 1.258
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Check my new analysis on USDCAD, SILVER (XAGUSD), EURGBP, WTI OIL: