GBPCHF Short

The bias is to the downside with price well below the 100 MAV.

Price recently has based around the 1.1630 and has seen a drop to 1.13.

The next base may form around the 1.14 level.

The RSI suggests that the Sellers are in control ( with momentum steadily travelling below 50 level)

Short trade considerations on chart , with targets set by Fib extensions.