Sell GBP/CHF at 1.5088 to 1.5034, + 54 pips.
This pair is considered a "Dollar pair" , a US dollar since essentially it moves in conjunction with US Treasury Bonds. Further its a combination pair that matches Swiss Confederate Bonds with UK Gilts. Therefore a "safe " currency trade that lacks risk elements such as the EURo, GBP, AUD and NZD.
Current averages are positive except for the 50 day which is slightly negative. The target here is the 20 day average that sits at 1.4969.
Trade total reviews accompany next post, My friend Peter calculates what + 375 or so in 7 prior trades in 8 trading days
I'm Brian Twomey, Inside the Currency Market, reviews, book, FX Trader Magazine interviews and contacts are found at btwomey.com