GBPCHF bearish scenario

On the weekly time frame, we see that the pair makes a pullback for a potential new momentum after coming close to the resistance zone. We are looking for the first support at 1.26000, where the moving averages MA200 and EMA200 are waiting for us. If we look at the MACD indicator, we see that the signal is at the maximum of the current bullish trend and that we expect a turn in it, directing us towards the lower levels on the chart.