GBPCHF
Trade ID: gbpchfsell1769724928193 | Execution: 330421
Status
LOST
Direction
SELL
Entry Price
1.05482
Targets Hit
0 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
1.05482
0
Filled
Jan 29, 2026 10:16 PM
Stop Loss
1.05622
14
HIT
2026-01-29 22:50:00
Take Profit 1
1.05398
8.4
Not Hit
-
Take Profit 2
1.05286
19.6
Not Hit
-
Take Profit 3
1.05132
35
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Breakout Failure
Reason
Selling GBPCHF due to a bearish MTF confluence and false breakout pattern at a structural level, targeting a gap fill amid elevated volatility and CHF safe-haven demand.
Details
The trade is a technical breakout failure play, exploiting an Asian false break and gap fill pattern within a bearish multi-timeframe context. The stop loss is placed above a recent structural resistance, providing a clear risk point. Fundamentally, the CHF is supported by safe-haven demand from soaring gold prices and Iran-US tensions, while the GBP faces headwinds after a strong rally to multi-year highs, creating a potential corrective pullback. The confluence of a bearish technical setup and a risk-off fundamental backdrop underpins the short bias, though confidence is tempered by the constant threat of SNB intervention to weaken the franc and the inherent volatility of the pair.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
Multi-timeframe bearish alignment, Asian False Break pattern, Gap Fill, structural resistance stop loss
Fundamental Sentiment
Dollar weakness post-Fed, risk-off flows boosting CHF, geopolitical tension (Iran), potential SNB intervention risk
Confidence Score
65
Trade Conviction
Medium
Reasoning Completeness
Medium