The GBP/CHF analysis indicates that this pair could be building a larger downtrend on the W1 time frame. The W1 trend is now crossing to the downside, the D1 trend is already pointing down. Start looking for sell signals on the The Forex Heatmap® starting tomorrow morning in the main session below the 1.5125 price alert point, which is the intra-day support level. We do not know the exact support target for this pair but the GBP/CHF could easily drop for a couple of weeks. The EUR/GBP, which moves inversely to the GBP/CHF, is also building an uptrend on the W1 time frame. The analysis of the GBP/CHF pair was conducted using multiple time frames.
Currency Pair Analysis GBP/CHF 8-13-2014