GBPCHF UPDATE

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GBPCHF UPDATEBRITISH POUND / SWISS FRANCFX_IDC:GBPCHFAndrewsMarket-Mastery#GBPCHF · H4 UPDATE 🟢 BULLISH ⬆️ 📊 Technical: 19 buy / 1 sell / 0 neutral 📰 News: 🟢 bullish (+2) 💵 Price: 1.10420 🕒 21 Oct 2026 · 19:32 UTC 📝 GBP/CHF continues to show a bullish structure on the H4 chart, trading above the 20, 50 and 100-H4 moving averages as well as the Ichimoku cloud. ADX 22 indicates a moderate trend, with buyers maintaining the advantage. RSI 61 and Stochastic 75 remain positive, while MACD is still above its signal line but beginning to weaken. Price is currently trading inside a bearish order block at 1.10281–1.10671, making this an important resistance area. If buyers manage to break through this zone, further upside could follow. On a pullback, the Bull FVG at 1.10140–1.10200 and Bull OB at 1.09862–1.10024 may provide support. 🎯 Resistance: 1.10547 · 1.10634 · 1.10969 🛡️ Support: 1.10315 · 1.10210 · 1.10121 🧱 OB: Bear OB 1.10281 – 1.10671 | Bull OB 1.09862 – 1.10024 ⚡ FVG: Bull FVG 1.10140 – 1.10200 📰 News drivers: ▲ GBP CPI y/y 3.5% vs 3.4% (Wed) ▲ GBP GDP m/m 0.1% vs -0.1% (Thu) 🧭 Direction: ⬆️ BUY bias while price holds above 1.10315. A H4 close above 1.10547 could open the way toward 1.10634 and potentially 1.10969. A break below 1.10210 would weaken and invalidate the bullish setup.