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.


NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro- Major Pair levels and bias summary
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
FxWirePro- Woodies pivot (Major)
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro: USD/JPY upside capped as intervention risk limit upside
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 



