GBPCHF is currently testing a support region of roughly 1.26040ish. GBPCHF did break this price in the start of February. However, the risk/reward is now strong enough to enter long positions. If GC breaks the support of 1.26044, then short positions should be entered to push down until roughly 1.2540.
Risk/Reward is the key!
Risk/Reward is the key!
Brexit is likely to keep GBP especially volatile - potentially bearish if EU trade deal becomes less likely or worst outcome, completely falling through.