Home Analyses Day Chart: GBPCHF Triangle Formation – February 16, 2017

Day Chart: GBPCHF Triangle Formation – February 16, 2017

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In GBPCHF we see the formation of a descending triangular formation, one of the most commonly used formations. This formation also implies a decrease of about 100 pips with the breaking of 1.25 zone with the support of basic factors.

GBP / CHF

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