GBPCHF Approaching Resistance, Potential Reversal

GBPCHF is approaching its resistance at 1.3136 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 1.2784 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 96.7% where a corresponding reversal could occur.