GBPCHF 1.300000 testing

Looking at the chart on the four-hour time frame, we see that the pair is consolidating closer and closer to the level of 1.30000, and now again, there is a possibility to see a break above that resistance. The break above us leads to 1.31000. otherwise, if we see rejection, the pullback lowers us to 1.29000, where we are supported by moving averages MA20 and EMA20. For a further drop below 1.28000, it pushes us towards greater support on the MA200 and EMA200. For now, we look at the bullish side, expecting a break above by winning higher levels on the chart.