GBP/CHF - GBPCHF Outlook - 06/11/2025 (GMT)

GBP/CHF Technical Analysis – Buying Opportunity via UT at $1.0750 with Target at $1.1100
The GBP/CHF pair is currently showing signs of a potential Upthrust (UT) buy setup around the $1.0750 level, a key technical support zone where prior absorption activity was observed. This area may act as a bear trap, offering a strong setup for a bullish reversal.
The initial technical target is set at $1.1100, aligning with a previous structural resistance level and offering potential for extended upside if bullish momentum builds.
What to expect:

• Rejection or false break at $1.0750 may confirm the UT setup;
  
• Increasing volume at support would reinforce institutional buying;
  
• Break above $1.0850 would validate bullish confirmation.
  

Market Impact:

• CHF strength as a safe haven could induce volatility;
  
• Any shift in GBP sentiment, especially tied to BoE policy, could influence the outcome.
  

Summary: This setup offers a favorable risk-reward profile, with a potential bullish reversal forming at $1.0750 and target at $1.1100. Monitoring volume and institutional flow is critical.