Technical outlook and chart setups:

1. The GBP/CHF pair is stalling at sub 1.4850/60 levels and facing resistance. The pair is trading at 1.4800 levels for now and is expected to break down to at least 1.4680/1,700 levels if not further. Recommendations are to remain short, risk remains at 1.4950/60.

2. Support is at 1.4630/50, followed by 1.4550, 1.4450, 1.4350 and lower, while resistance is seen at 1.4950/60 and 1.5120 levels respectively.

3. The structure indicates that the GBP/CHF pair is heading towards at least 1.4700 levels to complete a 3 wave correction.

Trading recommendations:

Remain short for now, stop is at 1.4960, target is at least at 1.4690/1.4700

Good luck!