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GBPCHF reversed off key resistance, potential for further drop!

Short
Livre sterling / Franc suisse (FX:GBPCHF)  
easyMarkets Courtier  
FX:GBPCHF   Livre sterling / Franc suisse
Trend Analysis Harmonic Patterns Chart Patterns GBPCHF gbbp chf gbpchflong gbpchfshort
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trendanalysis harmonicpatterns chartpattern gbpchf gbbp chf gbpchflong gbpchfshort
Price is facing bearish pressure from our first resistance (horizontal overlap resistance, 61.8% fibonacci retracement, 61.8% Fibonacci extension) and Ichimoku cloud where we can expect a further drop to our major support level (horizontal swing low support, 61.8% fibonacci extension). RSI is also seeing a bearish exit.

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