FX.co ★ GBPCHF M5: Head and Shoulders

The Head and Shoulders pattern has formed on the GBPCHF M5 chart. The head high is at 1.0984, while the neckline passes through 1.0971/1.0969. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.