EUR/CHF stabilizes near key support – Société Générale

EUR/CHF is stabilizing after defending key support levels, with recent price action suggesting a potential base formation. A hold above 0.9290 could open the door to further gains, Société Générale's FX analysts note.

Rebound builds above 0.9290 in EUR/CHF

"EUR/CHF defended last year trough of 0.9210 resulting in a gradual bounce. It has recently carved out a higher low at 0.9290 and appears to be evolving within a base. Defence of 0.9290 could result in persistence of the rebound."

"Next objectives are located at the 200-DMA near 0.9385 and the upper boundary of recent range at 0.9430/0.9445, this is a crucial resistance zone. In case the pair fails to hold above 0.9290, there could be a risk of a deeper downtrend."

Jul 25, 2025

EUR/GBP Price Forecast: Rallies to fresh highs and looks to the 0.8735 level

The Euro extends its gains for the second consecutive day against the Pound Sterling, reaching fresh three-week highs above 0.8700, with bulls targeting the year-to-date high of 0.8740.UK data released earlier on Friday revealed that Retail Sales increased by a softer-than-expected 0.9% rate in June

GBP/USD: Upward momentum has largely faded – UOB Group

Pullback in Pound Sterling (GBP) could extend but is unlikely to threaten 1.3450 (there is another support level at 1.3490). In the longer run, upward momentum has largely faded; GBP is expected to trade in a range of 1.3450/1.3590, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.