Pound/Swiss Franc Range, Say Automated Signals
Our Forex Automated Trading Signals have identified a range-bound British Pound versus the Swiss Franc. The system went long within the last 60 minutes and set a trailing stop at 1.9819. One may want to take precaution as the signal shown below continued to suggest the broad trend to be downward. As such, a long order would be a countertrend trade.
See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.