Chart - Courtesy Trading View
GBP/CHF was trading largely unchanged at 1.1284 at around 08:00 GMT.
UK’s employment data released earlier on Tuesday fails to impress.
Data released by UK’s Office for National Statistics (ONS) showed Claimant Count Change eased to 19.7K versus 30.5K prior.
Further, the Unemployment Rate remained unchanged at 3.7% in line with expectations.
Pessimism surrounding the UK’s labor strikes and downbeat testimony from BoE Governor Andrew Bailey also weigh on the British pound.
Major focus will be on Wednesday’s UK Consumer Price Index (CPI) for impetus. Another soft landing could dent the pound.
Major Support Levels:
S1: 1.1256 (21-EMA)
S2: 1.1212 (20-DMA)
Major Resistance Levels:
R1: 1.1349 (110-EMA)
R2: 1.14
Summary: GBP/CHF likely to extend sideways grind for now. UK CPI data awaited for further direction.


FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Pair levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Woodies pivot (Major)
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro- Woodies pivot (Major) 



