GBPCHF: Was that a false breakout?! pour FX:GBPCHF par VasilyTrader — TradingView

Trend Analysis Chart Patterns Technical Indicators forecast pound poundsterling swissfranc Technical Analysis Currencies swing

trendanalysis chartpattern indicator forecast pound poundsterling swissfranc technicalanalysis currencies swing

snapshot

hey guys,

after trading above a key level for a while, gbpchf returned and it looks like the breakout was false.
moreover, the price has violated the rising channel to the downside so it feels that the price will go lower.

for today the forecast is bearish and local goals are 1.205 / 1.202

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