GBPCHF has broken out of the Bullish trend after a step backwards in Brexit negotiations. After a break and retest, the pair has now posted a double top bearish reversal pattern. This morning we have seen a break of support at the bottom of the double top and is now re-testing that area. As parliament continue to bicker over Brexit, we expect this downside to continue to around the 1.1800 handle.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.