GBP/CHF: Long Stopped out - GBP Tanks 800 pips!

The Pound suffered another free fall this time against the Swiss Frank. Wow overnight My stop gets taken out and afterwards the pound just kept falling. While I was sleeping this free fall landed near the 1.67 mark and is hovering there. Good thing I used a stop to take me out which helped avoid major losses. This is a new all time low against the Frank and since I missed the short entry while I was asleep I am now forced to wait for another move. Given it's recent movements and my recent profits I will risk another long on this pair at these new levels.

The stop will be another 200 pips below the entry.