GBP/CHF is currently bullish at the time of this post. We are currently at 1.2266. We are looking for an initial move to the ATR target in the 1.2318 area and a reversal towards the daily chart's bottom at 1.2138.
Watch the DXY for any change in direction. The ATR for the pair currently is 87 pips per day, and its 180-day average is 88 pips per day.