GBP/CHF is heading towards the support line of a Channel Down. If this movement continues, the price of GBP/CHF could test 1.1116 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past. Supported by Downward sloping Moving Average
Chart 4 hour
Pattern Channel Down
Length 101 Candles
Identified 26-Aug-2022 20:00 UTC