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

GBPCHF M15

Double Bottom
The Double Bottom pattern has been formed on GBPCHF M15. Characteristics: the support level 1.1470; the resistance level 1.1481; the width of the pattern 11 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 10 points.
2022-12-02

GBPCHF M5

Double Top
The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1505 is broken, the downward movement will continue.
2022-12-01

GBPCHF M5

Bullish Rectangle
According to the chart of M5, GBPCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.0000 and support 0.0000. In case the resistance level 1.1488 - 0.0000 is broken, the instrument is likely to follow the bullish trend.
2022-12-01

GBPCHF M15

Bullish Rectangle
According to the chart of M15, GBPCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.1407 – 0.0000 and upper border 1.1384 – 0.0000. In case the upper border is broken, the instrument is likely to follow the upward trend.
2022-12-01

GBPCHF M15

Double Top
The Double Top pattern has been formed on GBPCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1384 is broken, the downward movement will continue.
2022-12-01

GBPCHF M15

Bullish Symmetrical Triangle
According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1408/0.0000 whereas the lower border goes across 1.1448/0.0000. The pattern width is measured on the chart at -40 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.0000 is broken, the price could continue its move toward 1.
2022-11-29

GBPCHF M5

Bullish pennant
The Bullish pennant pattern is formed on the GBPCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.1449, a further uptrend is possible.
2022-11-25

GBPCHF M15

Head and Shoulders
According to the chart of M15, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1450 while the median line of the Neck is found at 1.1415/1.1412. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPCHF will go towards 1.1389.
2022-11-25

GBPCHF H1

Bullish Flag
The Bullish Flag pattern has been formed on the chart GBPCHF H1 which signals that the upward trend will continue. Signals: а break of the peak at 1.1407 may push the price higher, and the rise will be the projection of the pole.
2022-11-24

GBPCHF H1

Bullish pennant
The Bullish pennant pattern is formed on the GBPCHF H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.1379, a further uptrend is possible.
2022-11-24