- Major resistance- 1.4540 (200 day MA)
- GBP/CHF has made a high of 1.45438 at the time of writing and slightly declined from that level.It is currently trading around 1.45113.
- The pair is struggling to close above 200 day MA and any further bullishness can be seen only above that level.
- Any break above 1.4540 will take the pair till 1.45750/1.4710 (200 W MA).
- On the lower side minor support is around 1.4435 and any break below targets 1.4360/1.4320 (23rd May low).
It is good to sell on rallies around 1.4540 with SL around 1.4575 for the TP of 1.4320


FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/USD bulls remain cautiously optimistic 



