FX.co ★ Patterns GBPCHF | British Pound (GBP) to Swiss Franc (CHF) Rate in the Forex market

The Double Bottom pattern has formed on the GBPCHF M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.1044. The projected move is based on the pattern width of 23 points.

The Triple Top reversal pattern has formed on the GBPCHF M15 chart. Its upper boundary is at 1.1033/1.1031, its lower boundary is at 1.1020/1.1028, and its current width is 5 points. If the confirmation support at 1.1020 is broken, that width can be used to project the downward move.

The Double Top pattern has formed on the GBPCHF M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.1040 is likely to confirm further downward movement.

The Double Top reversal pattern has formed on the GBPCHF M15 chart. Its upper boundary is at 1.0987, its lower boundary is at 1.0979, and its width is 8 points. A short position may be considered below the lower boundary at 1.0979, with a potential target at 1.0956.

The Bearish Symmetrical Triangle pattern has formed on the GBPCHF M15 chart. A break below the lower boundary at 1.0957 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 38 points.

The Double Bottom pattern has formed on the GBPCHF M5 chart. Its support is at 1.0963, its resistance is at 1.0971, and its width is 8 points. A break above resistance may confirm a trend reversal, with the first target projected 7 points away.

The Bullish Rectangle has formed on the GBPCHF M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.0982 and its support is at 1.0974. A breakout above the resistance zone at 1.0982–1.0982 is likely to signal a continuation of the bullish trend.

The Double Top reversal pattern has formed on the GBPCHF D1 chart. Its upper boundary is at 1.1005, its lower boundary is at 1.0837, and its width is 168 points. A break below the lower boundary is likely to confirm further downward movement toward 1.0797.

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 Bearish Rectangle has formed on the GBPCHF M15 chart and indicates a likely continuation of the trend. Its resistance zone is at 1.0961–1.0961 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.