GBP/CHF chart on Trading View used for analysis
- GBP/CHF trades 0.31% higher on the day at 1.2892 at 1345 GMT, bias bullish.
- The pair is extending gains for the 4th straight week, scope for further gains on break above 200-DMA.
- Technical studies support upside in the pair. Momentum with the bulls.
- Price action above daily cloud and volatility is rising, scope for further gains.
- Next major bull target lies at 200-DMA at 1.2953, break above to see test of 50% Fib at 1.3052.
- Immediate support lies at 5-DMA at 1.2844. Break below 110-EMA will see further weakness.
Support levels - 1.2845 (5-DMA), 1.2766 (110-EMA), 1.27
Resistance levels - 1.2920 (trendline), 1.2953 (200-DMA), 1.3052 (50% Fib)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 



