GBPCHF Analysis: GBPCHF has bounced back from 1.26000 demand zone and broke the 1.26463 resistance level . ON 4 hour time frame pair is bearish however, on daily trend is bullish with deep retracement and bullish on weekly time frame . Bullish head and shoulder is strong indication of bullish pressure . My overall bias is bullish and will be taking this trade on retracement .