GBPCHF LONGGBP/CHFOANDA:GBPCHFNaseerabbahGBP/CHF Trade Setup: Bullish Continuation The H4 timeframe is showing some beautiful structure right now. I’m eyeing a Long Position on GBP/CHF based on a high-confluence setup. Here is the breakdown: 1. Market Structure (BOS) 🏛️ We’ve seen a clear Break of Structure (BOS) to the upside. The bulls have successfully pushed through previous resistance, confirming that the upward trend is firmly intact. 2. The Deep Discount Zone 🎯 Patience paid off. Price pulled back perfectly into our 75% - 84% Fibonacci retracement levels. Buying at these deep discount levels allows for a much tighter stop-loss and a massive Reward-to-Risk (R:R) potential. 3. Execution Trigger ⚡ Confirmation is key! I waited for the 13/21 EMA Cross on the H4 to signal that the bullish momentum is returning. The "squeeze" is over, and the trend looks ready to resume. Entry Price:1.0652 SL: 1.0599 TP:1.0769 FUNDAMENTALS: The fundamental "path of least resistance" for GBP/CHF remains tilted to the downside. Narrowing Yield Gap: As the BoE continues to cut rates toward the neutral level while the SNB stays at zero, the "carry trade" advantage of holding GBP over CHF is diminishing. Growth Divergence: The UK's negative GDP print compared to Switzerland's steady growth makes the Franc a more attractive fundamental play. SNB Intervention: The only major "upside" risk for the pair is if the SNB decides the Franc is too strong and intervenes in the FX markets to devalue it, though they have recently expressed a preference for interest rates over intervention.