Emerging Triangle pattern in its final wave was identified on the GBPCHF 1 hour chart. After a strong bearish run, we find GBPCHF heading towards the upper triangle line with a possible resistance at 1.1323. If the support shows to hold, the Triangle pattern suggests a rebound back towards current levels.
GBPCHF is approaching a support line of a Triangle. It has touched this line numerous times in the last 5 days.
