Two scenarios for GBP/CHF
Bullish scenario
I will be waiting for a break and retest of the highlighted red zone which is currently serving as a resistance to go for a long position with first target @ 1.2050 and second target @ 1.2150
Bearish scenario
I will be waiting for a break and retest of for the minor uptrend which is currently serving as a support to go for a short position with first target @ 1.1750 and second target @ 1.1680
Bullish scenario
I will be waiting for a break and retest of the highlighted red zone which is currently serving as a resistance to go for a long position with first target @ 1.2050 and second target @ 1.2150
Bearish scenario
I will be waiting for a break and retest of for the minor uptrend which is currently serving as a support to go for a short position with first target @ 1.1750 and second target @ 1.1680