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GBPCHF approaching resistance, potential drop!

Short
Sterlina / Franco svizzero (FX:GBPCHF)  
easyMarkets Broker  
FX:GBPCHF   Sterlina / Franco svizzero
Trend Analysis Harmonic Patterns Chart Patterns GBPCHF GBP chf gbpchflong gbpchfshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern gbpchf gbp chf gbpchflong gbpchfshort forex forextrading forexsignals
GBPCHF is approaching our first resistance at 1.3270 (horizontal swing high resistance, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.3063 (horizontal swing low support, 38.2% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also reacting off our resistance and we might see a corresponding drop in price.
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