The GBP/CHF, on the 4Hrs Time Frame is on a Down Trend. But seems like their will be a Trend Change for an Up-Trend.
IF we start seeing a Lower High and a Higher High on the GBP/CHF Pair, then their is a possible UpTrend, ELSE The Down Trend will continue. Always remember to wait for a Price Action or Confirmation according to your own Strategy before you enter the Market.
Watch out for strong Level at 1.19540, IF it doesn't break the Level ELSE the DownTrend continues.

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Thank You. Safe Trading.
Chart PatternsHarmonic PatternsTrend Analysis

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