GBPCHF forecast for March 19

On the four-hour time frame, we see that the pair is moving in lateral consolidation in the range of 1.28000-1.30000. The pair is currently supported with moving averages and pushing the pair towards 1.30000, where we can expect potential resistance. If we see the break above then, we look towards 1.31000. Otherwise, if we see that the pair finds themselves in difficulties, we expect rejection and another descent to the lower zone of this consolidation at 1.28000.