GBP/CHF 1.0520 Confluence Zone , Fibonacci OverlapGBP/CHFOANDA:GBPCHFhungminskfibotrungGBP/CHF Technical Analysis – 1.0520 Confluence Zone (Fibonacci Overlap, Trend-Aligned Setup) Market Context GBP/CHF continues to trade within a well-defined bearish trend. The current market structure suggests additional downside potential, with no meaningful signs of a trend reversal at this stage. Technical Outlook 1️⃣ The broader trend remains firmly bearish, supported by consistent lower highs and lower lows. 2️⃣ A trend-aligned Fibonacci retracement highlights the 0.5–0.618 retracement band, which overlaps with a key structural level near 1.0520. This alignment forms a high-probability confluence zone, combining both Fibonacci and major swing structure. 3️⃣ This area represents a technically significant region where sellers may re-enter the market if bearish momentum continues. Trade Expectation / Scenario Planning Closely observe price behavior as it approaches 1.0520. Any signs of rejection, weakening bullish momentum, or bearish confirmation patterns would strengthen the probability of the downtrend resuming from this zone.