FX.co ★ Patterns GBPCHF | British Pound (GBP) to Swiss Franc (CHF) Rate in the Forex market

The Double Bottom pattern has formed on the GBPCHF M15 chart. Its upper boundary is at 1.0920, its lower boundary is at 1.0915, and its width is 5 points. A break above the upper boundary at 1.0920 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Triple Bottom pattern has formed on the chart of GBPCHF M5. The lower boundary is at 1.0915, while the upper boundary is at 1.0922/1.0920. The projected width is 7 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 1.0922 is broken, the price is likely to continue upward.

The Bullish Symmetrical Triangle pattern has formed on the GBPCHF M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.0922 and 1.0914, respectively. The pattern width is 8 points. If the price breaks above the upper boundary at 1.0922, it is likely to move toward 1.0933.

The Bullish Rectangle has formed on the GBPCHF M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.0934 and its lower boundary is at 1.0922. A long position may be considered after the price breaks above the upper boundary at 1.0934 of the Bullish Rectangle.

The Double Top reversal pattern has formed on the GBPCHF M30 chart. Its upper boundary is at 1.0934, its lower boundary is at 1.0923, and its width is 11 points. A break below the lower boundary is likely to confirm further downward movement toward 1.0893.

The Bullish Symmetrical Triangle pattern has formed on the GBPCHF M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.0926 and 1.0898, respectively. The pattern width is 28 points. If the price breaks above the upper boundary at 1.0926, it is likely to move toward 1.0928.

The Bullish Rectangle has formed on the GBPCHF M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.1000 and its lower boundary is at 1.0984. A long position may be considered after the price breaks above the upper boundary at 1.1000 of the Bullish Rectangle.

The Double Top pattern has formed on the GBPCHF M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.0965 is likely to confirm further downward movement.

The Bullish Symmetrical Triangle pattern has formed on the GBPCHF M15 chart. Its lower boundary passes through 1.0932/1.0970, while its upper boundary passes through 1.1007/1.0970. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, GBPCHF is expected to break the upper boundary and move toward 1.0992.

The Double Bottom pattern has formed on the GBPCHF M5 chart. Its upper boundary is at 1.0973, its lower boundary is at 1.0961, and its width is 12 points. A break above the upper boundary at 1.0973 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.