After a breakout and closure above the 1.2755 level, GBP/CHF seems to have gained momentum, aiming to reach the upward target at 1.2852. As we know, almost every week before the weekend the market comes to a turning point. As long as GBP/CHF does not break out and closes below 1.2648, the bullish momentum is going on. There are still odds that the target of 1.2852 will be reached soon.
(Disclaimer)