GBPCHF - Preferred trade is to sell into rallies.

Trade Idea

Positive overnight flows lead to an expectation of a firm open this morning.
Trading within a Bearish Channel formation.
We have a Gap open at 1.2389 from 28/06/2019 to 30/06/2019.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Preferred trade is to sell into rallies.

We look to Sell at 1.2485
Stop: 1.2525
Target 1: 1.2405
Target 2: 1.2340