FX.co ★ GBPCHF M30: Bearish Rectangle

According to the chart of M30, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0753 - 0.0000 and support 1.0736 – 1.0736. In case the resistance level 1.0736 - 1.0736 is broken, the instrument is likely to follow the bearish trend.