Non Farm Payroll week

Good Day Dynamic Traders,

Hope you are having a good week. All the pound related news items today were better than forecasted and this has helped it to keep up the rally.

Below are the day charts for GBPCHF and the Swissy.

The GBPCHF has been in a recent uptrend but has been coming into a squeeze. Now at a previous resistance will price manage to break up and continue the recent rally?















The Swissy has been consolidating for a while now. There is no guarantee that price will break out of the consolidation just yet however, a couple of indicators may be the fact that the EUR and GBP have broken out and also it is NFP on Friday which generally tends to make the markets move. One to keep an eye on for an opportunity to ride the wave.















As mentioned it is NFP on Friday so I will not be posting any new set ups tomorrow.

Good Trading!
Bijal Shah