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FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(GBPJPY and USDCHF) for the day

Thursday, June 16, 2022 12:34 PM UTC

Pair	Value	Recommendation
GBPJPY	-437.83	Strong Sell
USDCHF	-177.30	Sell

GBPJPY

Major resistance-162.25

Near-term support- 159.80

Trend reversal level-163.80

USDCHF

Major resistance- 0.9800

Near-term support- 0.9700

Trend reversal level- 0.9660

Above (-150): Sell

Above (-300): Strong Sell

Above 150: Buy

Above 300: Strong Buy

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(GBPJPY and USDCHF) for the day

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