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

The Head and Shoulders pattern has formed on the GBPCHF M5 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 1.1038/1.1038 may confirm the bearish reversal.

The Triple Top pattern has formed on the chart of GBPCHF M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.1016 may confirm the bearish scenario. The projected peak-to-trough width is 22 points.

The Bearish Symmetrical Triangle pattern has formed on the GBPCHF M5 chart. A break below the lower boundary at 1.1018 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 34 points.

The Triple Bottom pattern has formed on the GBPCHF M5 chart. A break above the confirmation resistance at 1.1026 may signal a reversal from a downtrend to an uptrend.

The Double Top pattern has formed on the GBPCHF H1 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.1026 is likely to confirm further downward movement.

The Double Top pattern has formed on the GBPCHF M30 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.1026 is likely to confirm further downward movement.

The Bearish Flag pattern has formed on the GBPCHF M5 chart, indicating that the downtrend may continue in the near term. A short position may be considered after the price breaks below the pattern low at 1.1022.

The Bearish Pennant pattern has formed on the GBPCHF M5 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 1.1022.

The Bullish Flag pattern has formed on the GBPCHF M5 chart, signaling a likely continuation of the uptrend. A break above the pattern high at 1.1043 may send the price higher by a distance corresponding to the height of the flagpole.

The Bullish Symmetrical Triangle pattern has formed on the GBPCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 1.1027/1.1020, while its lower boundary passes through 1.1010/1.1020. The pattern width is 17 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 1.1020 could send the price toward 1.1035.