The Bearish Rectangle has formed on the GBPCHF M15 chart and indicates a likely continuation of the trend. Its resistance zone is at 1.0963–1.0963 and its support zone is at 1.0946–1.0946. A break below support at 1.0946 is likely to signal a continuation of the bearish trend. The M5 and M15 time frames may generate more false entry signals.