The bounce in this pair, if and when it happens, is going to be very big but getting the timing right is very difficult indeed.
CitiTechs have gone long GBP/CHF around 1.3250 with a stop-loss below 1.3000 and a minimum profit target around 1.38.
The 250 pip loss is a bit too steep for my liking so I may consider this trade if we get another 100/150 pip dip.