FxWirePro Currency Strength Index for GBP/CHF: Bias Bullish
FxWirePro's Hourly GBP Spot Index was at 110.563 (Bullish)
FxWirePro's Hourly CHF Spot Index was at -73.3608 (Neutral)
Technical Analysis: Bias Bullish
- Pair is trading in a rising channel pattern
- Break above 5-DMA
- Momentum studies bullish, RSI biased higher
- MACD well in positive territory
- +ve DMI dominance on weekly charts
Fundamental Factors:
- Markets await UK first quarter GDP release. GBP could spike higher if GDP betters estimates.
Support levels - 1.3710 (5-DMA), 1.3677 (50% Fib), 1.3630 (20-DMA)
Resistance levels - 1.38, 1.3856 (Apr 18 high), 1.390 (channel top)
Recommendation: Good to go long around 1.3770/80, SL: 1.3710, TP: 1.38/ 1.3850/ 1.39
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD retreats slightly but trend is still bullish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD softens on Iran peace talk failure
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CNY partially recovers early session losses
FxWirePro: AUD/USD bulls struggles as upside momentum fades
NZD/JPY Eyeing 95.00: Bullish Trend Holds Amid Strategic Consolidation
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY edged higher as dollar gains as peace talks falter
FxWirePro: EUR/AUD under pressure as key support gives way 



