FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro- Woodies pivot (Major) 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro: USD/JPY remains in familiar place on intervention threat 
Chart - Courtesy Trading View
Technical Analysis:
- GBP/CHF was trading 0.85% lower on the day at 1.1820 at around 11:50 GMT
- The pair has broken major major trendline support, raising scope for further downside
- MACD confirms bearish crossover on signal line, ADX supports downside
- Price action is below daily cloud, Chikou span is biased lower
- Momentum is bearish, volatility is high and rising, major moving averages are trendline lower
- GMMA indicator shows major and minor trend is strongly bearish
Support levels - 1.1683 (Dec 2020 low), 1.1598 (Sept 2020 low)
Resistance levels - 1.1982 (5-DMA), 1.2122 (200H MA)
Summary: GBP/CHF was trading with a bearish bias. The pair is set to extend weakness. Test of fresh multi-year lows likely.
