Overall the GBPCHF market is bearish with a downside breakout likely sending trade to attack a 1.2665 weekly low. A close under 1.2665 is bearish 1.2570. Current corrective rebounds trapped by 1.2747 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 1.2770 confirms the start of a reversing upturn.