GBPCHF. Pair is in the 2.0074-2.0842 range on the daily chart. Rectangle has been formed on the chart. Pair is near to the lower border of the rectangle. If you took advantage of recommendation and opened a short position on the penetration of 2.0282 level, it's time to take care of fixing profit. Look to get short if the pair will close a day below 2.0074, eliminate the transaction if the pair will return back in the rectangle.

 
GBPJPY. Pair continues falling on the daily chart. Use the next strategy: wait for a day with minimum low. Sign high of this day’s candle. When the pair will close a day above this high – open long. Put stop-loss order below of the low of this candle.


GOLD. Gold is making correction after falling. Look to get long on penetration of the 835.90 level. Look to get short in the 852.20-866.00 zone, eliminate the transaction if the pair will close a day above 877.70.


Elena Chernaya, Chief Currency Strategist
ELAN Investment Solutions
 

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