Chart - Courtesy Trading View
Technical Analysis:
- GBP/CHF was trading 0.31% lower on the day at 1.1803 at around 09:45 GMT
- The pair is poised to extend previous weeks' slump, closed 2.57 lower in the previous week
- GMMA indicator shows major and minor trend are strongly bearish on the daily and weekly charts
- Momentum is bearish and volatility is high and rising, likely to drag the pair lower
- Price action is below daily and weekly cloud, Chikou span is biased lower
Support levels:
S1: 1.0683 (Dec 2020 low)
S2: 1.1598 (Sept 2020 low)
Resistance levels:
R1: 1.1934 (5-DMA)
R2: 1.2063 (21-EMA)
Summary: GBP/CHF tests fresh 18-month low, poised for further downside. Dec 2020 low at 1.1683 in sight.


FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro-Major European Indices
FxWirePro: EUR/NZD edges lower but bullish outlook persists
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro- Woodies Pivot(Major)
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 



