The GBPCHF pair still affected by the negative factors due to its stability below the bullish channel, to form new barrier at 1.2775 and notice suffering additional losses lately by reaching 1.2638.
Also, stochastic stability below 50 level will increase the chances of gathering the additional negative momentum, to increase the chances of reaching the main negative stations that start at 1.2570 and 12.520.
The expected trading range for today is between 1.2760 and 1.2570
The expected trend for today: Bearish