**📉 Trade Idea: Sell GBP/CHF**
**Bias:** 🔻 Bearish
**Timeframe:** Short-Term
---
### **📊 Why Sell?**
**🇬🇧 GBP Weakness:**
* UK economy slowing 🛑
* BoE might cut rates soon 🔻
* Pound under pressure across the board 😓
**🇨🇭 CHF Stability:**
* Dovish SNB, but still a safe-haven 🛡️
* Weak data, but no big downside 👣
* CHF holds up well in risk-off mood 🌫️
---
### **🧭 Technical View:**
* **Structure:** Lower highs forming ⏬
* **Break Level:** Clean rejection from 1.1300 resistance 🚫
* **Next Support:** 1.1150 zone 📉
* **Momentum:** Bearish bias under 1.1280 🔻
---
**⚠️ Risk:**
> Only invalid if price pushes back above 1.1350 and holds.
---
**🎯 Summary:**
GBP is soft, CHF is steady — trend favors downside. Clean setup if 1.1300 holds as resistance.
**Bias:** 🔻 Bearish
**Timeframe:** Short-Term
---
### **📊 Why Sell?**
**🇬🇧 GBP Weakness:**
* UK economy slowing 🛑
* BoE might cut rates soon 🔻
* Pound under pressure across the board 😓
**🇨🇭 CHF Stability:**
* Dovish SNB, but still a safe-haven 🛡️
* Weak data, but no big downside 👣
* CHF holds up well in risk-off mood 🌫️
---
### **🧭 Technical View:**
* **Structure:** Lower highs forming ⏬
* **Break Level:** Clean rejection from 1.1300 resistance 🚫
* **Next Support:** 1.1150 zone 📉
* **Momentum:** Bearish bias under 1.1280 🔻
---
**⚠️ Risk:**
> Only invalid if price pushes back above 1.1350 and holds.
---
**🎯 Summary:**
GBP is soft, CHF is steady — trend favors downside. Clean setup if 1.1300 holds as resistance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.