GBP-CHF POTENTIAL BEARISH FLAG

GBP-CHF MAY FORM BEARISH FLAG ON HOURLY CHART. CURRENTLY IT IS IN CONSOLIDATION PART OF FLAG. IF IT MANAGES TO BREAK DOWN CONSOLIDATION, PAIR MAY GO DOWN UP TO 1.2055 (TARGET-1) AND 1.2030 (TARGET-2).
PROTECTIVE STOP LOSS CAN BE PLACED AT 1.2130.