FX.co ★ GBPCHF H1: Bullish Symmetrical Triangle

According to the chart of H1, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.2878/1.2926 whereas the upper border goes across 1.2968/1.2926. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPCHF will breach the upper border to head for 1.2966.