GBPCHF: Breaks the Channel! Bullish Continuation Ahead?British Pound/Swiss FrancFX:GBPCHFKlejdiCuniGBPCHF: Breaks the Channel! Bullish Continuation Ahead? - Update GBPCHF has successfully broken out of the descending channel, showing renewed bullish momentum after months of gradual decline. The price started the correction during the BOE week. This could be ready to start a bullish trend; however, the focus will be on the BOE Press Conference this week. If the price holds above the channel breakout zone, we may see a continuation toward the first target at 1.09200. A sustained move above 1.09200 opens the door toward the higher resistance zone near 1.11500, which remains the major bullish target for the coming weeks. Targets: 1.0800 1.0920 1.1150 You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day