September 5, 2018 to current date is presented on the 1 hour chart in this GBPCHF analysis.
1.25670 and 1.25224 indicate support area for the GBPCHF should price action close below the bullish trend line drawn on the hour chart.
The bearish price swing from ~1.29463 includes a falling wedge pattern which ideally is bullish. A close above the pattern at the bullish trend line would provide a bullish bias for the GBPCHF. Momentum is also highly invaluable.
Sign up now for full access to our premium research and analysis to learn more about GBPCHF analysis, price prediction, other Foreign Exchange (FX) pairs, and cryptocurrencies.
Interested in Bitcoin analysis (BTCUSD)? Check out our previous work here. Moreover, Litecoin analysis (LTCUSD) can be found here.