Technical Analysis

GBPCHF Short Term Forecast Follow Up and Update

Hi Traders! GBPCHF short term forecast follow-up and update is here. On January 21st, 2026 I shared this “Forex Market Analysis & Day Trading Opportunity | GBPCHF | 21 January 2026” post in our blog. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the way we trade and the technical analysis we use then check out the Home Trader ClubSpoiler alert – free memberships are available!

Explore My Free Mentorship Program

As an Internationally Certified Financial Technician (CFTe, IFTA) and former private capital hedge fund trader, I have successfully mentored numerous students who are now thriving in the trading world. Students who learned with me, are now full-time traders, work in the trading industry, run their own capital firms or are fully funded traders by private companies, develop automated trading solutions and manage others’ capitals. I am a very proud mentor and I am proud of the success stories I’ve helped create, and for a limited time, I’m offering my mentorship program for free through a partnership with Eight Cap broker. Join Eight Cap, become an active trader, and choose the offer that suits you best –

 

 

For more details, visit: Home Trader Club Mentorship Program

I’m excited to work with you and help you reach your desired level of success!

 

My Idea

On the H1 chart, we have a strong bearish momentum and also currently there are no signs opposing this short term bearish view. So everything looks good for the bears here as well. In addition to this, we have two key resistance zones that has formed based on the volume profile zones of the KTLI indicator and the Triple B Pro pivot levels. Until both these key resistance zones shown in the image below (marked in yellow) holds my short term view remains bearish here and I expect the price to move lower further after retraces.

 

 

 

GBPCHF H1(1 Hour) Chart Current Scenario

Based on the above-mentioned analysis my short term view was bearish here and I was expecting the price to move lower further until the two key resistance zones hold. The price action followed my analysis exactly as I expected it to here. The price which was moving higher reached the second key resistance zone, respected it and moved lower from this zone and delivered 420+ pips move to the downside as you can see in the image below!

 

 

You can see this move clearly on the H4 chart below.

 

 

On the H1 chart, the market provided us with various facts supporting the bearish view. The price which was moving higher created a bearish divergence between the first high that has formed at 1.06871 and the second high that has formed at 1.07140 based on the MACD indicator, which we may consider as evidence of bearish pressure. The price then moved lower and broke below the most recent uptrend line. We may consider these as facts provided by the market supporting the bearish view and also there we no signs opposing this bearish view. Then as you can see in the image below how the price moved lower further and provided a wonderful move to the downside.

 

 

So, traders, this is why I wanted to show this example to help you understand how important it is to follow the facts. The facts were supporting the bearish view here and there were no signs against it. When the facts do happen as we expected you can see how the price perfectly moved as per the plan. Because these are the kind of hints the market provides us at the majority of the time and it’s our obligation as traders to be able to listen to these things that the market tells us and we should try to make the right actions accordingly.

For similar trade ideas and much more I invite you to

JOIN HOME TRADER CLUB NOW

Also, you can get one of our strategies free of charge. You will find all the details here

 

Download our best forex indicators here

 

If you have any further questions, don’t hesitate to drop a comment below!

 

Happy Trading!

Arvinth Akash
Home Trader Club Team.

Arvinth Akash

Recent Posts

Forex Market Analysis & Day Trading Opportunity | CADCHF | 4 March 2026

Hi Traders! CADCHF short term forecast and technical analysis is here. We do our analysis…

5 hours ago

Dow Jones Short Term Forecast Update And Follow Up

Hi Traders! Dow Jones short term forecast update and follow up is here. On January…

1 day ago

Forex Market Analysis & Day Trading Opportunity | Dax | 3 March 2026

Hi Traders! Dax short term forecast and technical analysis is here. We do our analysis…

1 day ago

Stocks Slump As War In Iran Lifts Oil And Dollar: Markets Wrap

Stocks tumbled and the dollar rallied as military strikes intensified across the Middle East, sending…

2 days ago

Weekly Summary And Review 27th February 2026

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of February…

5 days ago

CADCHF Short Term Forecast Follow Up And Update

Hi Traders! CADCHF short term forecast follow-up and update is here. On December 10th 2025…

6 days ago