GBPCHF is heading towards the support line of a Falling Wedge. If this movement continues, the price of GBPCHF could test 1.1019 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
GBPCHF is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
