GBPCHF is still in a downtrend, but price seems to be stalling at a triple bottom near 1.1119. I’m looking to buy around 1.112 for a potential correction up to 1.116 and possibly 1.122. Although bears remain in control overall, the slowing negative momentum hints at a short-term turnaround. This creates a decent opportunity to go long on dips. Keep in mind this move is only a pullback, but it could offer a solid bounce in the near term.

Chart PatternsTrend Analysis

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