Similar to the GBPCAD set up, this GBPCHF looks like a great potential sell-off providing a retest of the 1.29 support/resistance area occurs. If we see one more move higher, which would also complete the right shoulder of the H&S set up, a significant bearish break out could see the pair hit 1.27500 and then 1.26500 if the former doesn't hold strong. Promising signs that all GBP pairs are looking to be heading in the same direction! (Check my previous posts)