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GBP/CHF analysis

According to the STOCH, trend line and Moving average analysis the GBPCHF market has the possibility to come down. So it can be a better opportunity to the sellers indeed. To the sellers the entry point will be at 1.3127 and the target point will be at 1.2873.

gbpchf-d1-instaforex-group.png
 
Well done! It’s a good analysis! By the way, I want to ask you one question! As I see, your all of analysis is based on only technical tools! So, what’s your opinion about fundamental analysis? Do you use it in your trading, or not?
 
Right now, I have a buy trade here from the last swing low. If I get a good momentum then surely, I will hold this trade for couple of days.
 
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