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17.02.2025 09:18 AM
From what we see on the 4-hour chart, the GBP/CHF cross currency pair appears to be moving within the bullish Pitchfork channel, especially confirmed by the appearance of the Bullish 123 pattern followed by the bullish Ross Hook (RH) where all this means that GBP/CHF is still moving in a strengthening condition so that as long as there is no significant correction, especially breaking through and closing below the 1.1300 level, GBP/CHF has the potential to continue strengthening where the 1.1373 level and if the volatility and momentum of strengthening support it, 1.1404 will be the next target.
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