GBPCHF is in uptrend but had a recent retracement. But it seems ready to start the uptrend again, with the emerging inverted hammer. It will needs bullish verification on the next candlestick.
I believe it’s got more to go down. Look on 4h. Break and retest of ascending triangle. Retest is at the .382. Created lower low and lower high. Needs to go 1.2725 to find real support which would be .382 at fib level if you create a fib from weekly high to weekly low of 1.2573