FX.co ★ GBPCHF H1: Triple Top

The Triple Top pattern has formed on the chart of the GBPCHF H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.0433/1.0449 with the upper limit 1.0472/1.0476; the projection of the width is 39 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 1.0433, the price is most likely to continue the downward movement.