Forex Mansion | June 13 2011 1:09 EDT
The GBP/CHF fell hard, but ended up bouncing hard by the end of the trading day on Monday. The pair looks weak still, but perhaps it is unwilling to let go of the consolidation that it finds itself in at the moment. The 1.36 area is the area we need to see a close below in order to get into this pair on the sell side. We aren’t willing to buy at this point, as the trend is strong and clear – and very bearish.
Originally posted here
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