GBPCHF Price Analysis Expected Scenario The GBPCHF price faced strong negative pressures recently due to stochastic decline towards the oversold areas, to force it to postpone the bullish rally and form a correctional bearish rebound to test the major support at 1.1355. Note that the frequent stability above the current support and stochastic attempt to exit the oversold areas allow us to keep the bullish overview for the upcoming period, waiting to start recording many gains that might start at 1.1470 and 1.1520. Expected Trading Range Between 1.1355 support and 1.1470 resistance.

Trend Forecast: Bullish