GBP/CHF Analysis
The GBP/CHF pair experienced a slight pullback during Wednesday's Asian trading session after seven consecutive days of gains.
The pair reached the downtrend line on the daily timeframe and bounced off it yesterday. It is also close to retesting the broken uptrend line.
Currently, we expect the pair to make a corrective pullback, targeting 1.0570, then 1.0510, and finally near 1.0455.
This bearish scenario would be invalidated if the pair breaks above 1.0675, at which point buying opportunities would be available.
