GBP/CHF chart on Trading View used for analysis
- GBP/CHF is extending sideways, consolidates break above 200-DMA.
- Given the given Brexit uncertainty, the upside remained well limited.
- Focus now on UK January Markit Manufacturing PMI for further impetus.
- UK manufacturinf PMI is expected to come at 53.5 vs. 54.2 previously, which might add to Sterling negative tone.
- Technical studies on weekly charts are supportive of further upside. We do not see major reversal signs.
- On daily charts, Stochs are at overbought levels which suggests some downside likely.
- 200-DMA is strong support at 1.2927. Break below will see more downside. Bullish continuation eyes 200-W SMA at 1.3349.
Support levels - 1.3025 (110-W EMA), 1.2927 (200-DMA)
Resistance levels - 1.3241 (61.8% Fib). 1.3349 (200-W SMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/NZD range to extend until there is game changing news 



