Gbp/Chf

This development is coming on the back of a halt in its broader weakness at 1.1465 in early August’2011 and its subsequent recovery.

we can see that the pair has failed in breaking 1.3000 and bounced from it , so that's mean the down trend is expected and the pair might head to 1.2900 and then 1.2850

the pair and as we can see from the chart has closed it's daily candle under the level of 1.3000 , so , that's mean the down trend is still standing and the pair is heading to 1.2970 then 1.2940

If a M15 close above 1.3000 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 1.2850 sell only and do not buy. If price closes back above it again do nothing

The range 1.3000 and 1.2850 is neutral area, any trade done in between is personal decision and not part of this analysis

It is more likely to go down to around 1.2978 or lower, and after that, it might have potentially to go up to around 1.3042 or higher

the pair is trading now above the level of 1.3000 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 1.3050 and then 1.3080

A failed attempt to breach above the 38.2% Fibonacci extension at 1.3190 today supports this view and accordingly our bias on the pair remains weighted to the downside.

the chart is showing that the pair has succeeded in closing it's daily candle above level 1.3000 , and that's mean the up trend is still standing and the pair might head to 1.3100 and then 1.3150

the pair is trading now above the level of 1.3000 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 1.3050 and then 1.3100

we can see that the pair has closed it's daily candle above 1.3000 . so , that's means that up trend is expected and the pair might head to 1.3050 and then 1.3080 ,but also the hourly correction is expected before continue in the up trend