There has been a clear visible range of GBPCHF for some weeks now and its finally about to break down through the support levels shown on the chart. Now this isnt guaranteed, but when support is tested like that too many times, theres a good chance of a breakdown. You could short here but it would be risky and the Stop Loss wouldn't be viable. Or wait for a break and retest, short on the retest and Stop above the range lows.
Good Luck.
Good Luck.