The USDCHF has reached a very powerful support area. It may form a corrective pattern and then break the support or resistance line on the pattern. If you look at longer time frame like weekly, you will see that the pair is going sideways and it has reached now the support line. So, I think it should reverse and go back up
Flag Pattern is about to complete. It is highly possible to break up and continue going up. The 1.4800 would be the initial take profit. According to DAILY CHART which wedge pattern can be seen, the price will go even higher
The price went down, lower than 130 and reached the past strong resistance area. It is lowest price since November of 2012. In my opinion it will reverse at least 400 pips and then will continue going up or come down again
This week the EURGBP hit the highest price after around three years. This area would be a strong consolidation period because, most traders believe that the history repeats it self and it is time to repeat and reverse the trend.; so traders will wait to see what is going to happen.