GBPCHF is trading in a strong bearish trend since April 2021.
The market is falling within a parallel channel.
The price is currently approaching a channel's resistance.
With a high probability, the next trend-following move will initiate from there.
Look for a confirmation within the underlined zone to short the market.
Goals will be 1.236 / 1.22
In case of a bullish breakout of the channel, a bullish wave will be anticipated.
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