GBP/CHF - 4 HRS CHART
WAVE C IS IN UNDERWAY...

The GBPCHF is also tracing out a corrective pattern following the January – early March sell-off. The rally off of 2.3287 is in 3 waves and may be complete. A rally above 2.4142 shifts focus to the 61.8% of 2.4756-2.3287 at 2.4192, but the C wave decline that will take price under 2.3287 may already be in progress. Price is currently broken and trading below a short term trendline.