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This analysis from the Overbalance series aims to identify three financial instruments, analyzed primarily on the daily/four-hour (D1/H4) timeframe. The analysis uses only the Overbalance methodology, which helps determine where a trend may continue or where a reversal might occur.
Today’s analysis covers three instruments, evaluated solely in terms of 1:1 correction structures.
GBPUSD
GBPUSD prices have been trending downward for quite some time, but on April 8, the 1:1 geometry was negated, which, according to the Overbalance methodology, paves the way for a larger correction or even a shift to an uptrend. Currently, the 1.3360–1.3355 zone should be treated as key support, where both the polarity of the negated downward geometry and the lower boundary of the local 1:1 upward pattern are located. As long as the price remains above this zone, the bullish sentiment prevails. Only a drop below 1.3355 could push the market back toward declines.
GBPUSD – H4 chart. Source: xStation
GBPJPY
GBPJPY has been in an uptrend for some time now. The last two corrections were of identical magnitude, as indicated by the green rectangles, confirming the market’s rhythm in line with the Overbalance methodology. Currently, the price is trading near local highs. In the event of a correction, the key support level remains at 212.33, derived from the 1:1 ratio. At this point, there are no clear supply signals, so the base case scenario remains a continuation of the uptrend.
GBPJPY – H4 timeframe. Source: xStation
USDCHF
The USDCHF pair rebounded from key resistance at the 0.8042 level, which stems from the largest corrective pattern within the downtrend that has been ongoing since January 2025. Additionally, the price fell below the 0.7902 level, which is the upper boundary of a smaller 1:1 pattern; according to the Overbalance methodology, this supports the scenario of further declines toward the January lows. To signal a shift to an uptrend, prices would need to break above the 0.8042 level; however, this is not the base case scenario at this time.
USDCHF – H4 timeframe. Source: xStation
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