GBPCHF: Important Breakout & Bearish Outlook

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Paun British / Franc Swiss (FX:GBPCHF)

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FX:GBPCHF Paun British / Franc Swiss

Trend Analysis Support and Resistance Fibonacci pound swissfranc poundsterling GBP chf GBPCHF swing priceaction priceactionanalysis

trendanalysis supportandresistance fibonacci pound swissfranc poundsterling gbp chf gbpchf swing priceaction priceactionanalysis

snapshot

GBPCHF formed a cute h&s formation on a strong horizontal 4H structure.
Its neckline was just broken and now the hourly candle closed below that.

Taking into consideration that we remain bearish biased on the pair from last week,
chances are high that the market will drop.

Intraday goals:
1.2105
1.20853

Komen:

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EURUSD: Update & Technical Outlook

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