The following is the GBPCHF daily chart as Jan. 17th around 10PM EST. If you observe the chart you can see that it is going in trend lines. Moreover currently there is a resistance line also. You can observe the resistance line clearly in the four hour chart. So even if the chart crosses this resistance line the chart may go up to the upper channel line and then it may reverse. Because by that time the daily chart CCI and Stochastics will be completely in the overbought region.
Check the following daily and four hour charts.
GBPCHF Daily Chart:
GBPCHF Daily Chart
GBPCHF Four Hour Chart:
GBPCHF Four Hour Chart
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