<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-K86MGH2P" height="0" width="0" style="display:none;visibility:hidden"></iframe>

The Underground Playbook for Trading GBP/CHF in a Bullish Market

GBPCHF trading technique in uptrend

When the Market Smiles in Swiss Francs and British Pounds

Picture this: You’re sipping coffee, watching GBP/CHF soar like it just got promoted to CEO of currency pairs. The bullish market is here, but here’s the kicker — most traders still fumble it like a game of hot potato. If you’ve ever bought late, panicked early, or mistook a bull run for a sheep parade (we’ve all been there), you’re in the right place.

In this deep dive into the GBP/CHF bullish market, I’ll reveal ninja tactics, underground strategies, and the kind of next-level thinking that gets you out of the herd and into the penthouse.

Oh, and if you’ve ever hit the ‘sell’ button on a breakout and watched your trade sink faster than a rejected Tinder message? Yeah, we’ll talk about that too.

The Forgotten Fundamentals That Still Run the Show

GBP/CHF bullish trends often arise from macroeconomic dynamics that are about as obvious as a Swiss watch ad in Zurich — and just as expensive if you miss the cue.

Here’s what’s happening under the hood:

  • Interest Rate Divergence: When the Bank of England hikes rates and the Swiss National Bank hits snooze, GBP tends to flex harder than a gym rat before summer.
  • Risk-On Sentiment: When markets feel frisky, traders dump safe-haven CHF like it’s last season’s fashion.
  • Trade Balance & Inflation Shocks: A weak CHF against a strong GBP typically reflects differing inflation policies, trade expectations, and capital flows.

Hidden Opportunity: Most traders follow GBP/USD or EUR/USD for bullish signals, completely overlooking GBP/CHF, which often moves earlier due to its safe-haven dynamics. Want alpha? Watch CHF sentiment.

Why Most Traders Get It Wrong (And How You Can Dodge the Landmines)

Let’s face it: Trading GBP/CHF in a bullish market is like cooking fugu fish. Do it right, and it’s a delicacy. Do it wrong, and you’re on a financial ventilator.

Common Mistakes:

  1. Entering Late on Breakouts: If you’re trading the candle that already ran 100 pips, congrats, you just bought the top. Try re-entering on retracements.
  2. Ignoring CHF Data: Everyone watches BoE announcements. Few care about Swiss unemployment or CPI. That’s your edge.
  3. Relying on Basic RSI: Overbought? Please. In a bullish GBP/CHF run, “overbought” can stay “overachieving” for weeks.

Better Tactic: Use Stochastic RSI + Trend Confirmation from VWAP on 1H and 4H timeframes. It’s like GPS for bulls. Look for VWAP support and stochastic dips during uptrends.

The Playbook: Advanced GBP/CHF Bullish Market Strategy

Let’s get tactical. Here’s the underground GBP/CHF strategy you won’t find in a basic YouTube tutorial.

Step 1: Gauge Sentiment with COT Reports

  • Access GBP and CHF positions on the CFTC website.
  • Look for increasing GBP longs vs CHF shorts.

Step 2: Check Intermarket Signals

  • Gold Falling + GBP Rising = Risk-on sentiment.
  • USD/CHF Bullish = Weak CHF, bullish GBP/CHF potential.

Step 3: Enter on Pullbacks

  • Use Fib retracements + ATR (14) to find sweet-spot entries.
  • Target 38.2% and 50% levels post-breakout.

Step 4: Trail Like a Pro

  • Set trailing stop below 20-period Hull Moving Average on 1H.
  • This keeps you in trends without micromanaging every candle.

Step 5: Exit with Smart Partial Profits

  • Scale out at 1.5R, 2R, and ride the rest with a dynamic trailing SL.
  • Don’t close everything at once. That’s like leaving a party right when they bring out the cake.

The Little-Known GBP/CHF Correlations That Predict Bullish Moves

Get this: GBP/CHF correlates inversely with Gold and mildly positively with FTSE 100.

Why?

  • Gold = Safe haven (CHF behavior mirror).
  • FTSE = Risk appetite proxy (GBP strength indicator).

Data Point: According to TradingView correlation matrix (2024 Q4), GBP/CHF showed a -0.62 correlation with gold and +0.38 with FTSE 100.

This gives you a heads-up before the breakout happens.

Expert Voices: What the Pros Say About GBP/CHF Bulls

“GBP/CHF remains one of the most overlooked bullish plays when global equities rally. Traders underestimate its asymmetric exposure to risk-on flows.” — Kathy Lien, Managing Director of FX Strategy, BK Asset Management

“You want a quiet pair with explosive potential? Watch GBP/CHF during periods of BoE hawkishness. The pair can move like a spring uncoiled.” — John Kicklighter, Chief Strategist at DailyFX

Case Study: 2023 Q4 Bullish Explosion

In Q4 2023, the GBP/CHF pair gained 4.1% in 7 weeks following:

  • BoE hawkish tones
  • Weak Swiss CPI
  • FTSE rally of 3.5%

Early entries on 38.2% pullbacks using VWAP support and Hull MA trailing stop produced a 3.4R trade setup.

Moral of the story? This pair whispers before it shouts. You just have to listen.

My Favorite Trading Trick (That I Almost Didn’t Want to Share)

This one’s for the real ones:

Use the London Open False Break Strategy on GBP/CHF:

  1. Map prior session high/low.
  2. Wait for London session wick fakeout.
  3. Confirm reversal with RSI divergence.
  4. Enter with tight SL and trail with Hull MA.

This setup catches liquidity grabs and rides clean trends. Like catching a wave before it breaks. (Bonus: It looks super cool on your trading journal.)

Why GBP/CHF Bulls Might Be the Secret Weapon in 2025

Here’s what we’re seeing right now:

  • BoE signaling two potential hikes.
  • Swiss data showing stagnation.
  • Risk appetite climbing post-global rate normalization.

Translation: GBP/CHF bulls might just be the dark horse of 2025.

Bullet Recap: Ninja Tactics for GBP/CHF in a Bullish Market

  • Watch COT for GBP long buildup vs CHF shorts
  • Use VWAP + Stochastic RSI on 1H/4H
  • Enter on Fib 38.2% retracements post-breakout
  • Correlate with Gold (-) and FTSE 100 (+)
  • Use Hull MA for dynamic trailing stops
  • Apply London Session false breakouts with RSI divergence

Want More Game-Changing Tactics?

If you’re hungry for more elite methods, hidden gems, and tools that actually give you an edge, check these out:

Stay sharp, stay weird, and keep hunting the setups no one else sees.

—————–
Image Credits: Cover image at the top is AI-generated

PLEASE NOTE: This is not trading advice. It is educational content. Markets are influenced by numerous factors, and their reactions can vary each time.

Anne Durrell & Mo

About the Author

Anne Durrell (aka Anne Abouzeid), a former teacher, has a unique talent for transforming complex Forex concepts into something easy, accessible, and even fun. With a blend of humor and in-depth market insight, Anne makes learning about Forex both enlightening and entertaining. She began her trading journey alongside her husband, Mohamed Abouzeid, and they have now been trading full-time for over 12 years.

Anne loves writing and sharing her expertise. For those new to trading, she provides a variety of free forex courses on StarseedFX. If you enjoy the content and want to support her work, consider joining The StarseedFX Community, where you will get daily market insights and trading alerts.

Share This Articles

Recent Articles

Go to Top