GBP/CHF POSSIBLE REVERSAL

The GBP/CHF 30M chart is indicating a possible directional shift. The pair has formed a descending triangle/wedge formation of sorts, with the bottom currently looking to be broken down. The next significant support zone is all the way down at the 1.5160 level, so we see this as a reasonable shorting entry area, with a fairly tight stop and a healthy reward margin.