GBPCHF: Pullback Trade From Key LevelAnother potential pair to consider buying from a key support level is 📈GBPCHF.
Following a test of an important daily structure, the price has formed a cup and handle pattern.
A bullish breakout of the neckline serves as a strong confirmation of an upward trend.
It is likely that the pair will continue to rise and reach the 1.1000 level in the near future.
GBPCHF trade ideas
GBPCHFSmall idea for GBPCHF, with the dollar seemingly at support where it might hold I think GBP pairs will to the opposite and from this exact area we are currently in is where we could potentially see this move happen. Unfortunately I will not be entering a trade from this exact spot even though It would be good to to minimize risk but to stay inline with my trading plan I will be awaiting the break of structure on the 1hr timeframe.
GBPCHF is BullishPrice was in a strong downtrend, however now it seems that bulls are assuming control of the price action. A triple bottom reversal formation with bullish divergence confirms bullish notion. If previous lower high is broken with good volume then we can expect a good reversal as per Dow theory. Targets are mentioned on the chart.
LONG ON GBP/CHFGBP/CHF Has a Perfect Double bottom pattern at a major demand area.
Price has broken the neckline of the double top and is currently pulling back to sweep liquidity and balance out price at any FVG's (Fair Value Gaps)
Liquidity sits behind the 2 wicks on the double bottom, so price may sweep that BEFORE rising.
Must give you stop loss space behind the wicks to survive the trade.
I have a buy limit order setup to take advantage of the pullback which will place me in the trade at discount price.
From there im looking to catch 300 pips to the previous swing high.
GBPCHF INTRADAY oversold bounce back capped at 1.1120The GBP/CHF currency pair remains under bearish pressure, in line with the broader downtrend. Recent price movement reflects an oversold rally that stalled near a key resistance level at 1.1120, which previously acted as an intraday consolidation zone.
This level now serves as a crucial pivot. If price fails to break above 1.1120 and faces rejection, it could trigger a continuation of the bearish trend with downside targets at:
1.0690 – Initial support
1.0600 – Medium-term target
1.0460 – Long-term support level
On the flip side, a confirmed breakout and daily close above 1.1120 would invalidate the bearish bias. This would open the door for a recovery toward:
1.1200 – First resistance above the breakout
1.1250 – Key upside target
Conclusion
The bearish bias remains intact below 1.1120, with oversold rallies likely to attract selling interest. A daily close above 1.1120 would be a bullish signal, potentially shifting momentum toward higher resistance levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPCHF PoV - BUY POINT 1.07000???The GBP/CHF exchange rate has shown a significant bearish trend, especially after breaking the support at 1.110. Currently, the pair is heading towards the 1.07 area, indicating sustained selling pressure.
One possible cause of this movement could be related to tariff issues and the economic uncertainties associated with them. Trade policies, including tariffs, can significantly affect currencies as they impact expectations about economic growth and international trade. Recent news about the introduction or tightening of tariffs between the UK and other countries may have contributed to a negative sentiment toward the British pound, strengthening the Swiss franc as a safe-haven currency.
To fully understand the reasons behind the current trend of GBP/CHF, it's essential to monitor the latest economic and political news, especially those related to trade policies and the UK's international relations. A close examination of economic data and political developments can provide clearer insights into the future outlook for this currency pair.
GBPCHF Wave Analysis – 8 April 2025- GBPCHF broke the support zone
- Likely to fall to support level 1.0785
GBPCHF currency pair recently fell sharply through the support zone between the support levels 1.1000 and 1.1100. The breakout of this support zone was preceded by the breakout of the daily up channel from September.
The breakout of these support levels accelerated the active intermediate impulse wave (3) from the start of August.
Given the strongly bullish Swiss franc sentiment seen recently, GBPCHF currency pair can be expected to fall to the next support level 1.0785, the target price for the completion of the active intermediate impulse wave (3).
POTENTIAL SHORT TRADE SET UP FOR GBPCHFAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price approached the previous swing high zone with an ascending structure on the higher time frame (HTF), then plummeted from the swing high area signaling a bearish shift, and formed another bearish continuation-like pattern on the LTF. We shall be looking for an entry with a small bearish continuation structure here targeting the base of the bigger structure
Expectation: A downward move is anticipated.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
GBPCHF might bounce from this level.As seen in the chart GBPCHF has respected this level throughout the history. As we reach this level and seems like a reversal confirmation, I believe overreaction to the tariffs soon will be correct itself. My first take profit level is around 1.13, looking further to 1.14 levels.
USD/CHF (Long)USD/CHF
Daily:
Price > 200EMA
Swing Period 10
Swing Low: 1.10884
Swing Low: 1.15030
Volume Imbalance: 3 Candles
Daily Order Block: 1.12253 / 1.11294
H4:
Price > 200EMA
Swing Period: 7
Swing High: 1.15030
Swing Low: 1.12860
Volume Imbalance: 2 Candles
H4 Order Block: 1.13452 / 1.13089
H1:
Swing Period: 5
Swing High: 1.15030
Swing Low: 1.12860
Volume Imbalance: 25 Candles
H1 Order Block: 1.13452 / 1.13089
Model 1:
Entry Price: 1.13241
Stop Loss: 1.12860
TP1: 1.14003 @ 1:2 / 50%
TP2: 1.14383 @ 1:3 / 25%
SL: Breakeven
TP3: 1.14764 @ 1:4 / 25%
Model 2:
Entry Price: 1.13690 - 1.13318
Entry Trigger: 9EMA X 21EMA
SL: Above recent swing low
TP1: 1:2
SL: Trailing 9EMA
GBP/CHF - Long Analysis (multiple entry models)Summary of my analysis o GBP/CHF - I trust you will provide me with some feedback this will encourage me to share my thought process to the wider community. I am not a signal provider just sharing knowledge and ideas using theories I have learnt over the years.
Daily: Bullish
Daily
Price above 200EMA and 50EMA > Bullish Bias
The last valid swing low was 1.12860, and the last valid swing high was 1.15030.
The last bullish breakout occurred on March 3, 2025, confirming the trend.
Confirmed liquidity sweeps were executed at key levels.
An anchored VWAP was set to the last swing low that triggered a breakout price above the bullish bias threshold.
Daily OB High: 1.13977
Daily OB Low: 1.13977
A high volume node is located within the daily OB range at 1.13721.
H4
Utilised Fibonacci Retracement to Identify the Optimal Trading Entry Zone
Draw Fibonacci retracement lines from the most recent swing high or low to a recent structural break. Marked the identified Optimal Trading Entry Zone (OTE) as a potential entry point.
High of the Trend (H4 OB): 1.13524
Low of the Trend (H4 OB): 1.13048
Confirmed High Volume Node (HVN) within the H4 OB Price Objective (POC): 1.13479
H1
**Identified Swing Point:** The swing point that caused the broken structure on the H4 chart.
**Confirmed H1 Order Block:** The H1 order block within the OTE area is valid. This is confirmed by aligning the POC (Price of Control) and High Volume Nodes (HVN) at 1.13479.
**H1 Order Block:**
* High: 1.13612
* Low: 1.13435
**Entry Model:**
**Option 1 (Limit Order):**
* Entry Price: 1.13497
* Stop Loss (SL): 1.13294 (20 pips)
* Risk-Reward Ratio: 1:2, 1:3, or 1:4
**Option 2 (Limit Order):**
* Entry Price: 1.13497
* Stop Loss (SL): 1.12839 (67 pips)
* Risk-Reward Ratio: 1:2
* Breakeven Point: 1:1
**Option 3 (EMA Confirmation Entry):**
* Enter when the 9EMA crosses the 21EMA near the OTE price level.
* Volume confirmation should be bullish volume above the 21MA on each tick.
* Stop Loss (SL): ATR (Average True Range) X 2
* Risk-Reward Ratio: 1:2
GBPCHF INTRADAY corrective pullback capped at 1.1430Trend Overview
The GBP/CHF currency pair remains in a bearish trend, with current price action reflecting a potential oversold bounce within a broader downtrend.
Key Levels & Scenarios
Resistance: 1.1440 (previous consolidation zone)
A bearish rejection from this level could reinforce downside momentum.
Downside targets: 1.1340, followed by 1.1300 and 1.1200 over a longer timeframe.
Bullish Breakout Scenario:
A daily close above 1.1440 would invalidate the bearish outlook.
Upside targets: 1.1480, followed by 1.1500.
Volume analysis indicates limited buying pressure, keeping the bearish bias intact unless 1.1440 is breached.
Conclusion
As long as 1.1440 holds as resistance, GBP/CHF remains in a bearish structure, targeting 1.1340 and lower levels. A break above 1.1440 would signal a potential shift toward 1.1480 and 1.1500.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.