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

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 1.0555 is broken, the downward movement will continue.

The Triple Top pattern has formed on the chart of the GBPCHF M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.0556/1.0561 with the upper limit 1.0566/1.0566; the projection of the width is 10 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.0556, the price is most likely to continue the downward movement.

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 1.0535 is broken, the downward movement will continue.

On the chart of GBPCHF D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0627; the lower boundary 1.0516; the width of the pattern 111 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0476 level.

The Triple Bottom pattern has been formed on GBPCHF M30. It has the following characteristics: resistance level 1.0593/1.0590; support level 1.0580/1.0577; the width is 13 points. In the event of a breakdown of the resistance level of 1.0593, the price is likely to continue an upward movement at least to 1.0609.

The Double Top reversal pattern has been formed on GBPCHF D1. Characteristics: the upper boundary 1.0620; the lower boundary 1.0516; the width of the pattern is 111 points. Sell trades are better to be opened below the lower boundary 1.0516 with a possible movements towards the 1.0476 level.

The Double Top reversal pattern has been formed on GBPCHF D1. Characteristics: the upper boundary 1.0620; the lower boundary 1.0516; the width of the pattern is 111 points. Sell trades are better to be opened below the lower boundary 1.0516 with a possible movements towards the 1.0476 level.

The Double Top pattern has been formed on GBPCHF D1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0516 is broken, the downward movement will continue.

On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0601; the lower boundary 1.0593; the width of the pattern 8 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0570 level.

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 1.0598 is broken, the downward movement will continue.