USD/CHF fell hard for the session on Thursday, and this pullback could be the one the bulls would like to see. With the 61.8 and 0.90 both holding, we think the move up continues - but not without a pullback. Is this it?
GBP/USD rose quickly during the session as the "risk on" trade came back for the Thursday session. However, the area we currently trade in is in the middle of the consolidation area. With this being said - we are watching 1.60 and 1.5650 at the moment.