Out of Bounds. The turmoil of the FOMC release has also had an effect in the Asian market and left us high and dry with no options today. I could go with a GBP/CHF I suppose but with a breakout range of around 300 pips it may be a little risky.
Anyway, here is a dual direction breakout for GBP/CHF that could go both ways or not at all. Use small volume if you enter this trade.
GBP/CHF – 40 pip trail
Buy @1.6439 SL1.6290 TP1.6635
Sell @1.6140 SL1.6290 TP1.5944