Sterling tumbles broadly after the shockingly poor PMI services reading. GBP/CHF is finally accelerating down as the downtrend from 1.3070 extends. Near term outlook will now remain bearish as long as 1.2222 resistance holds. Next target is 61.8% retracement of 1.1107 to 1.3070 at 1.1857. It’s too early to exclude the case that fall from […]
The post GBP/CHF breaking down after PMI shocker appeared first on Action Forex.
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