GBPCHF: ATL BreakoutBritish Pound Sterling / Swiss FrancCMCMARKETS:GBPCHFFinancialGamblRI noticed confluence over on the GBPCHF pair. Here's the breakdown on the daily and H1 timeframes. Daily Timeframe: EMA20 is below EMA60 > downtrend structure Price is also bouncing below EMA20 > confirms downtrend Price also holding below HTL based on previous end at bearish candle H1 Timeframe: Price is exiting the EMA band > momentum has high potential to accelerate lower EMA20 is below EMA60 and expanding > confluence that momentum is accelerating