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GBPCHF: Was that a false breakout?!

Short
British Pound / Swiss Franc (FX:GBPCHF)  
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FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators forecast pound poundsterling swissfranc Technical Analysis Currencies swing
46
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trendanalysis chartpattern indicator forecast pound poundsterling swissfranc technicalanalysis currencies swing
snapshot

hey guys,

after trading above a key level for a while, gbpchf returned and it looks like the breakout was false.
moreover, the price has violated the rising channel to the downside so it feels that the price will go lower.

for today the forecast is bearish and local goals are 1.205 / 1.202
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