D1 - Price has currently reached the confluence supportive zone formed by the bottom of the channel and the 161.8 fibo extension level of the double cycle.

H4 - Potential second false break and bullish divergence forming.

Once we get a second false break with bullish divergence we may consider it as evidences of bullish pressure and then we may start looking for buys.
Bullish DivergencebuyconfluencedoublewavefalsebreakGBPCHFParallel ChannelTrend Analysis

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