On the GBP/CHF 4-hour chart, price action indicates a potential bearish shift after grabbing liquidity above previous highs and sharply rejecting the 1.1200 supply zone, a premium price area.

The market filled inefficiencies within a fair value gap (blue zone) and is now positioned for a potential continuation downward. If price holds below the supply zone, we could see bearish momentum targeting 1.1165 as the first key support level, with further downside potential toward 1.1140.

A break above the supply zone would invalidate the bearish bias, so risk management is crucial, with stops placed above 1.1205. This setup relies on confirmation of lower lows and aligns with smart money concepts for precision trading.
Chart PatternschfGBPGBPCHFismashprofittopgbanksTrend Analysis

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