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FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
- USD/CHF broken low of 0.94385 low made on Jul 20th 2017 and declined till 0.94291 at the time of writing. The main reason for slight bullishness in Swiss franc is North Korea missile test on Japan has increased the demand for safe haven assets.
- The pair is trading near major support 0.94270 and any further break below confirms that jump from 0.94385 completed at 0.97730 and decline till 0.93200/0.90725 likely.
- The near term resistance is around 0.95120 (23.6% retracement of 0.97730 and 0.94290) and any break above confirms minor bullishness a jump till 0.95785 (Aug 25th high)/0.9620 (10- day MA). Short term bullishness can be seen only above 0.97730 level.
It is good to sell on rallies around 0.9495-0.9500 with SL around 0.9580 for the TP of 0.9325/0.90750.
