Seasonality · GBP/CHF · 12 November 2026
GBP/CHF seasonality: is November bullish for GBP/CHF?
Over the last 14 years (2012 to 2025), GBP/CHF rose in November 8 times, with an average move of +0.43% and a median of +0.57%. December, the month ahead, has risen in 6 of 15 years, −0.45% on average (median −0.37%).
Its best month on average is April (+0.56%, up in 12 of 15) and its worst is June (−1.10%, up in 6 of 15).
The seasonal pattern: average return by month
Monthly seasonal returns, all 12 months
| Month | Average | Median | Up years | Best | Worst | Sample |
|---|---|---|---|---|---|---|
| January | −0.49% | −0.27% | 7 of 15 | +4.03% (2019) | −10.57% (2015) | 2012–2026 |
| February | −0.14% | −0.90% | 7 of 15 | +6.13% (2015) | −4.37% (2016) | 2012–2026 |
| March | +0.21% | +0.25% | 8 of 15 | +2.79% (2018) | −2.98% (2020) | 2012–2026 |
| April | +0.56% | +0.79% | 12 of 15 | +2.64% (2017) | −3.73% (2025) | 2012–2026 |
| May | −0.50% | +0.24% | 8 of 15 | +2.83% (2016) | −4.72% (2019) | 2012–2026 |
| June | −1.10% | −0.57% | 6 of 15 | +2.25% (2015) | −10.17% (2016) | 2012–2026 |
| July | +0.08% | −0.62% | 6 of 15 | +2.83% (2012) | −2.39% (2019) | 2012–2026 |
| August | −0.54% | −0.47% | 6 of 15 | +2.23% (2013) | −3.19% (2018) | 2012–2026 |
| September | +0.34% | +0.13% | 8 of 15 | +4.83% (2017) | −3.45% (2022) | 2012–2026 |
| October | +0.22% | −0.44% | 5 of 15 | +5.11% (2022) | −4.27% (2016) | 2012–2026 |
| November (now) | +0.43% | +0.57% | 8 of 14 | +5.27% (2016) | −2.62% (2021) | 2012–2025 |
| December (next) | −0.45% | −0.37% | 6 of 15 | +2.46% (2014) | −4.51% (2015) | 2011–2025 |
Each month is the last 15 complete years of that month, from the Federal Reserve's daily exchange rates (H.10), month-end to month-end. The month in progress is not counted. History, not a forecast.
GBP/CHF in November, year by year
| November 2025 | +0.86% |
|---|---|
| November 2024 | +0.77% |
| November 2023 | −0.13% |
| November 2022 | −1.52% |
| November 2021 | −2.62% |
| November 2020 | +1.95% |
| November 2019 | +1.35% |
| November 2018 | −0.75% |
| November 2017 | +0.37% |
| November 2016 | +5.27% |
| November 2015 | +1.59% |
| November 2014 | −1.90% |
| November 2013 | +1.80% |
| November 2012 | −1.02% |
Questions
Is November bullish for GBP/CHF?
Over the last 14 years (2012 to 2025), GBP/CHF rose in November 8 times, with an average move of +0.43% and a median of +0.57%. That is no clear lean; the range runs from −2.62% (2021) to +5.27% (2016). A seasonal tendency is history, not a forecast.
What is the best month for GBP/CHF?
Its best month on average is April (+0.56%, up in 12 of 15) and its worst is June (−1.10%, up in 6 of 15). Measured over the last 15 years of each month, from the Federal Reserve's daily exchange rates (H.10), month-end to month-end.
What happens to GBP/CHF in December?
December, the month ahead, has risen in 6 of 15 years, −0.45% on average (median −0.37%).
How reliable is GBP/CHF seasonality?
Fifteen years is fifteen observations per month, so one large year can move an average a long way; the median and the count of up years are steadier. Seasonality is one input among several, and is weighed as one in the terminal's composite score.
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Other seasonality: GBP/USD in Nov +0.56% · USD/CHF in Nov −0.10% · EUR/GBP in Nov −0.67% · EUR/CHF in Nov −0.27% · GBP/JPY in Nov +1.68% · GBP/AUD in Nov +0.59% · GBP/CAD in Nov +0.88% · GBP/NZD in Nov −0.40% · AUD/CHF in Nov −0.11% · CHF/JPY in Nov +1.23% · all 39
In WatchTower Terminal, the Seasonality panel draws the GBP/CHF path through the year over 5, 10 and 15 years against this year. Not financial advice.