Chart - Courtesy Trading View
Technical Analysis:
- GBP/CHF was trading 0.16% lower on the day at 1.1439 at around 15:30 GMT
- The pair slipped lower from session highs at 1.1508 and is testing 5-DMA support
- Momentum is bearish, Stochs and RSI are biased lower, RSI is below 50
- MACD and ADX support downside. Chikou span is biased lower
- GMMA indicator shows major and minor trend are strongly bearish
Support levels:
S1: 1.1434 (5-DMA)
S2: 1.1381 (Lower BB)
Resistance levels:
R1: 1.1480 (200H MA)
R2: 1.1533 (21-EMA)
Summary: GBP/CHF trades with a bearish bias. Long upper wicks on the daily candles suggest selling pressure at highs. 5-DMA is immediate support, break below will see more downside.


FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Major Pair levels and bias summary
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major European Indices
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 



