GBP/CHF ST : First target, continuation or consolidation?

High Volatility
2026012114202845503181003f85229d6115e058020865
GBPCHF+0%
2026-08-17 08:30Source:TC

Our pivot point is at 1.0752.

Our preference: The upside prevails as long as 1.0752 is support, with 1.1043 and 1.1117 as targets

Alternative scenario: below 1.0752, expect 1.0629 and 1.0556.

Comment: The chart structure suggests the instrument is coiling ahead of a potentially significant move.

Supports and resistances:

1.1190 *

1.1117 **

1.1043

1.1003 last

1.0752 **

1.0629 *

1.0556 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-17-2026 at 08:30 UTC+1

Price reference: 1.1003 last known on 08-17-2026 at 08:30 UTC+1

Investment horizon: ST

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