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

On the chart of the GBPCHF M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.1411, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 10 points.

According to the chart of M30, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1433/1.1410 whereas the lower border goes across 1.1393/1.1410. 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 1.1410 is broken, the price could continue its move toward 1.1440.

According to the chart of M30, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1433 and 1.1389 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 44 pips. Outlook: If the upper border 1.1433 is broken, the price is likely to continue its move by 1.1445.

On the chart of the GBPCHF M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.1341, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 11 points.

The Bullish Flag pattern has been formed on the chart GBPCHF M15 which signals that the upward trend will continue. Signals: а break of the peak at 1.1303 may push the price higher, and the rise will be the projection of the pole.

The Bullish pennant signal – Trading instrument GBPCHF M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.1303, with the prospect of the next move being a projection of the flagpole height.

The Triple Top pattern has formed on the chart of the GBPCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -4, support level -4, and pattern’s width 10. Forecast If the price breaks through the support level 1.1249, it is likely to move further down to 1.1237.

The Bullish Flag pattern has been formed on the chart GBPCHF M15 which signals that the upward trend will continue. Signals: а break of the peak at 1.1292 may push the price higher, and the rise will be the projection of the pole.

The Bullish pennant pattern is formed on the GBPCHF M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.1292, a further uptrend is possible.

According to the chart of M5, GBPCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.1260 while the median line of the Neck is found at 1.1248/1.1253. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of GBPCHF will go towards 1.1275