GBPCHF Bears Press Against Downtrend ChannelGBPCHF continues to grind lower within a clear descending channel. Each rally attempt is being capped by trendline resistance, with price now hovering near 1.0800. The pound’s weakness, driven by slowing UK growth and dovish Bank of England expectations, contrasts with the franc’s resilience as a de
About British Pound / Swiss Franc
The British Pound vs. Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The British Pound is one of the premier reserve currencies and represents the world's largest financial center. In turn, the Swiss Franc is used as a reserve currency around the world and is currently ranked rarely 5th or 6th in value held as reserves after the United States dollar, the euro, the Japanese yen, the pound sterling and the Canadian dollar.
Related currencies
GBPCHFHigher Highs (HH) & Higher Lows (HL): The pattern of higher highs and higher lows is an indication of an uptrend, showing that the buying momentum is strong.
Entry: Place a buy stop order just above the recent higher high (HH). This allows you to enter the trade if the price continues moving upward,
GBPCHF – Potential Long OpportunityOn the 1H chart, we can see a clear Change of Character (CHoCH) followed by a Break of Structure (BOS), showing that buyers are stepping in after a prolonged bearish move. Price has recently tapped into demand around 1.0700, where bullish momentum kicked in.
I’m looking for price to respect this de
Bearish continuation setup?GBP/CHF is rising towards the pivot and could reverse to the multi swing low support.
Pivot: 1.0747
1st Support: 1.0671
1st Resistance: 1.0815
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of perso
Gbpchf long🔎 Key Levels
Entry Zone (Demand Area):
Around 1.0700 – 1.0680 (grey highlighted box).
Price is testing this strong support zone now.
Stop Loss:
Just below 1.0660 (beneath the demand zone).
If broken, structure fails and setup is invalidated.
Target Zone:
Around 1.0780 – 1.0800 (green box above).
GBPCHFGBPCHF price is in the key support zone. If the price fails to break above 1.06703 a rebound is likely. Consider buying in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPCHF is 1.07399 CHF — it has decreased by −0.11% in the past 24 hours. See more of GBPCHF rate dynamics on the detailed chart.
The value of the GBPCHF pair is quoted as 1 GBP per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPCHF has the volatility rating of 0.49%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCHF showed a 0.48% rise over the past week, the month change is a −0.71% fall, and over the last year it has decreased by −3.97%. Track live rate changes on the GBPCHF chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPCHF technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPCHF shows the sell signal, and 1 month rating is sell. See more of GBPCHF technicals for a more comprehensive analysis.