GBPCHF next week looks bullish. I’m looking to go long, targeting 1.09 rangeBritish Pound / Swiss Franc forum
GBPCHF next week looks bullish. I’m looking to go long, targeting 1.09 range
GBPCHF Idea: GBPCHF RETAINS BEARISH MOMENTU…Idea link above ^^^
GBPCHF currently has the strongest bearish bias, reflecting widespread weakness across economic, sentiment, and trend-based indicators.
From a sentiment standpoint, institutional traders are reducing exposure to the British pound, while retail traders are predominantly long — which often precedes downside moves. Seasonality doesn’t favor GBP in August either, adding weight to the bearish pressure.
The UK's fundamental backdrop is deteriorating: recent data points to slowing GDP, weak retail sales, and significant declines in both manufacturing and services PMI readings. Labor market strength is fading, and inflation is easing, which could force the Bank of England to pivot toward rate cuts or, at the very least, a pause in hikes.
In contrast, the Swiss economy remains relatively stable. Inflation is under control, and the Swiss Franc continues to attract capital due to its safe-haven reputation, especially during periods of global uncertainty. With the SNB showing no urgency to adjust rates and the UK outlook worsening, policy divergence is increasingly favoring CHF strength over GBP.
GBPCHF So what do you guys think about this pair? We are almost at the lowest point in history, any ideas where do you expect some up movement?GBPCHF TP hit...........
GBPCHF 1.06500 is weekly triple bottom + extremely huge support, under that in nothing else, so we must definitely go up from this support area becouse price has never been under 1.06500 in historyGBPCHF yum yum $$$
GBPCHF ripe n ready
shorted @ 1.0748
GBPCHF Boom as predicted
GBPCHF 😆 🤣 😂 still holding long positions...... DIAMONDS HANDSGBPCHF we still have room to take april's low