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Forex
GBPCHF

British Pound / Swiss Franc

Sterling against the franc.

1.08820-0.02%

Price · last 3 months

Live · ECB

Market trend

Bullish

60/100 confidence

British Pound / Swiss Franc is moderately bullish on this timeframe.

Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.

Signals behind this

  • Price vs long-term averagebullish
  • EMA 20 vs EMA 50bullish
  • MACD momentumbearish
  • RSI (14)bullish
  • Bollinger positionbullish
  • Market structurebullish

Key levels

  • 1.08990+0.16%
Price1.08820
  • 1.05040-3.47%

3.7%annualised · low

Volatility is compressed relative to normal. Quiet markets tend to precede expansion, so this is a setup for a breakout rather than a reason to expect continued calm.

How this developed

Major moves, trend changes, level breaks and news for this window, newest first.

  • Jumped 0.35% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (0.21%).

    8d ago

  • Dropped 0.36% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.8× its typical daily range (0.20%).

    9d ago

  • Jumped 0.32% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.20%).

    13d ago

  • Jumped 0.33% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.20%).

    16d ago

  • Dropped 0.50% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.6× its typical daily range (0.19%).

    19d ago

  • Jumped 0.20% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (0.18%).

    26d ago

  • Jumped 0.33% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.8× its typical daily range (0.19%).

    29d ago

  • Jumped 0.34% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.9× its typical daily range (0.18%).

    Jul 6

  • Jumped 0.36% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.0× its typical daily range (0.18%).

    Jul 1

  • Jumped 0.32% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.5× its typical daily range (0.22%).

    Jun 22

  • Jumped 0.30% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.21%).

    Jun 19

  • Dropped 0.33% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.21%).

    Jun 17

  • Dropped 0.26% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (0.21%).

    Jun 15

  • Jumped 0.31% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.22%).

    Jun 10

  • Jumped 0.31% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (0.23%).

    Jun 3

  • Jumped 0.27% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (0.23%).

    Jun 2

  • Jumped 0.45% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.0× its typical daily range (0.23%).

    Jun 1

  • Dropped 0.68% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 3.3× its typical daily range (0.21%).

    May 29

  • Jumped 0.27% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.5× its typical daily range (0.18%).

    May 26

  • Dropped 0.26% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.19%).

    May 22

Showing the 20 most recent of 30 events in this window.

Summary

Writing

Technical indicators

Computed from 90 bars over the last 3 months.

1.08512 / 1.07723

bullish

The 20-period average sits above the 50-period average, which is the classic shape of an uptrend. Price above both means buyers have controlled the recent range.

61.1

bullish

At 61 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.

0.00397

bearish

MACD sits below its signal line — short-term momentum has rolled over relative to the medium-term trend, which typically precedes or confirms a pullback.

Not published

neutral

The data source for British Pound / Swiss Franc publishes prices but not traded volume, so there is no participation figure to read. That is a gap in the data, not a quiet market — treat any conclusion that would depend on volume as unsupported here.

0.00181 (0.17%)

neutral

The market has been moving about 0.00181 per bar, or 0.17% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.

Two ways this could go

Both paths are shown with equal weight. Neither is a prediction.

Potential bullish scenario

Trigger
A daily close above 1.08990 on above-average volume
If it fires
1.11170 as the next area where sellers have previously stepped in
Invalidation
A move back below 1.05040 would void this idea

If buyers can absorb the supply sitting at 1.08990 and hold above it into a close, the path of least resistance opens toward 1.11170. The broader trend already supports this, so it would be continuation rather than a reversal. Given the market is moving roughly 0.00181 per bar, allow at least that much room before treating a wick through the level as a real breakout.

Potential bearish scenario

Trigger
Losing 1.05040 and failing to reclaim it
If it fires
1.02939, the next level where buyers previously defended
Invalidation
Reclaiming 1.08990 would void this idea

If 1.05040 gives way and the market cannot recover it quickly, the next obvious area of interest is 1.02939. This runs against the prevailing trend, so it would most likely need a catalyst rather than developing on its own. With volatility contained, expect the move to develop over several bars rather than in one impulse.

Trading risks

  • This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
  • Central bank speakers can reprice the whole curve in seconds, and FX gaps over weekends.
  • Leverage is typically highest in FX, so ordinary moves produce outsized account impact.

Key events to watch

  • Central bank rate decisions and the accompanying statement language
  • Monthly inflation (CPI) and employment releases for both currencies in the pair
  • Scheduled speeches from voting policy committee members

What actually drives British Pound / Swiss Franc: Bank of England policy, safe-haven flows, UK political risk.

This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.

Generated Aug 4, 08:13 PM · European Central Bank reference rates, published once per business day.