GBP/CHF Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price above the 20-day average
- Daily MACD above its signal line
- Daily RSI 54, neutral momentum
- 5-day change -0.1%, little net move
- Daily view is bullish
- Price above the 50-day average
- 20-day average above the 50-day
- Daily MACD above zero
- 20-day change -0.1%, little net move
- Price above the 40-week average
- 10-week average above the 40-week
- 6-month up 4.2%
- Weekly MACD above its signal line
- Weekly RSI 65, positive momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
GBP/CHF: Target level as a potential turning point
Our preference
Above 1.09949, look for a move towards 1.10480.
Alternative scenario
Below 1.09949, expect 1.09751 and 1.09634.
Comment
Price is approaching our first target at 1.10480, which may trigger a pullback; a clear break above it would open the way to 1.10598. RSI is at 54 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 1.10716 |
| Resistance 2 | 1.10598 |
| Resistance 1 | 1.10480 |
| Price | 1.10354 |
| Pivot | 1.09949 |
| Support 2 | 1.09751 |
| Support 3 | 1.09634 |
GBP/CHF: Target level as a potential turning point
Our preference
Above 1.07263, look for a move towards 1.10689.
Alternative scenario
Below 1.07263, expect 1.05824 and 1.04967.
Comment
Price is approaching our first target at 1.10689, which may trigger a pullback; a clear break above it would open the way to 1.11550. RSI is at 53 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 1.12411 |
| Resistance 2 | 1.11550 |
| Resistance 1 | 1.10689 |
| Price | 1.10354 |
| Pivot | 1.07263 |
| Support 2 | 1.05824 |
| Support 3 | 1.04967 |
AI market story
Updated 2026-10-28 12:48 UTC+8GBP/CHF holds above 20-day average with bullish bias
GBP/CHF trades at 1.10317, down 0.14% in one day, 0.11% in five days and 0.06% in twenty days, a mild pullback near highs. Price sits above the 20-day average of 1.10083 and 50-day of 1.09873, with daily RSI at 54 and MACD above its signal line but a flat histogram.
Price journey: up or down lately?
It is falling, but only slightly. The one-day drop is 0.14%, five-day 0.11% and twenty-day 0.06%, with price at 1.10317. This looks like high-level consolidation inside a bullish structure rather than a real breakdown.
Trend: which way is the bigger picture pointing?
The bigger direction is up. The 20-day average at 1.10083 and 50-day at 1.09873 both sit below price, and both the intraday and daily views are bullish, with short, medium and long term all leaning higher.
Momentum: gaining or losing strength?
Momentum is fading but not turning bearish. Daily RSI eased from 56 five days ago to 54, and MACD stays above its signal line with little histogram change, so upside force is slowing while the bullish frame holds.
Key levels: which prices matter next?
Watch the intraday pivot at 1.09949 first; holding above it keeps the bullish view valid, with targets at 1.10480 and 1.10598. The daily pivot is 1.07263 with targets at 1.10689 and 1.11550. First reversal levels are 1.09751 intraday and 1.05824 daily.
Swiss October CPI due, GBP/CHF moves seen near 1.4x
The next scheduled event is Swiss October CPI, both month-on-month and year-on-year, on 11-03 at 15:30, rated low importance, with prior values of 0 and 1. Across the past 33 releases, GBP/CHF averaged 55.8 points in the following four hours, peaked at 106.5 points, about 1.4 times normal, and rose 42% of the time.
What is coming up on the calendar?
Next up is Swiss October CPI, month-on-month and year-on-year, on 11-03 at 15:30. Both are low importance, with prior values of 0 and 1. This is the only scheduled event in the data provided.
How much do these events usually move the price?
Over the past 33 releases, the four-hour move averaged 55.8 points and peaked at 106.5 points, roughly 1.4 times normal, with price higher 42% of the time. That points to modestly wider swings with a slightly neutral-to-soft tilt.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
GBP/CHF is above its daily long trailing stop. Long positions can reference 1.09299 (0.97% away); it only moves up. A daily close below 1.09299 signals the trend is weakening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is above the 20- and 50-day moving averages, a constructive medium-term structure.
- Daily RSI is 54, neutral momentum.
- Daily MACD is above its signal line; daily momentum is up.
- Price is inside the daily Bollinger Bands (1.09489 to 1.10680).
Related economic events this week
| 11-03 15:30 | Switzerland Oct CPI MoMAfter 33 past releases, GBP/CHF moved 55.8 pips on average in 4 hours (1.4× normal) · max 106.5 pips | — |
| 11-03 15:30 | Switzerland Oct CPI YoYAfter 33 past releases, GBP/CHF moved 55.8 pips on average in 4 hours (1.4× normal) · max 106.5 pips | — |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for GBP/CHF
None of the financial news we collected in the last 7 days mentioned GBP/CHF directly.
Trade signals for GBP/CHF
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for GBP/CHF.
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for GBP/CHF.
Chart patterns in play for GBP/CHF
No active 15-minute to 4-hour patterns for GBP/CHF right now.
FAQ
Where are GBP/CHF support and resistance levels today?
Intraday resistance: 1.10480, 1.10598, 1.10716. Support: 1.09949, 1.09751, 1.09634. Pivot: 1.09949 (updated Oct 28, 2026 15:09 UTC+8).
Is GBP/CHF bullish or bearish now?
Intraday: bullish. Short-term (daily): bullish. Bullish above 1.09949, targeting 1.10480 and then 1.10598.
How has GBP/CHF been trading lately?
GBP/CHF holds above 20-day average with bullish bias. GBP/CHF trades at 1.10317, down 0.14% in one day, 0.11% in five days and 0.06% in twenty days, a mild pullback near highs. Price sits above the 20-day average of 1.10083 and 50-day of 1.09873, with daily RSI at 54 and MACD above its signal line but a flat histogram.
How do I read the GBP/CHF technical score?
Currently short-term bullish, medium-term bullish, long-term bullish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on GBP/CHF?
GBP/CHF is above its daily long trailing stop. Long positions can reference 1.09299 (0.97% away); it only moves up. A daily close below 1.09299 signals the trend is weakening.
Which economic events matter for GBP/CHF next?
Swiss October CPI due, GBP/CHF moves seen near 1.4x. The next scheduled event is Swiss October CPI, both month-on-month and year-on-year, on 11-03 at 15:30, rated low importance, with prior values of 0 and 1. Across the past 33 releases, GBP/CHF averaged 55.8 points in the following four hours, peaked at 106.5 points, about 1.4 times normal, and rose 42% of the time.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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