FX.co ★ GBPCHF H1: Bearish Rectangle

According to the chart of H1, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0590 – 1.0590 and upper border 1.0632 – 1.0632. In case the lower border is broken, the instrument is likely to follow the downward trend.