Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- GBP/CHF was trading 0.32% lower on the day at 1.2212 at around 11:15 GMT
- The pair is extending weakness for the 3rd consecutive session
- MACD is on verge of bearish crossover on signal line
- GMMA indicator shows major and minor trend are bearish
- Price action is below 200H MA and major moving averages are trending lower
Support levels - 1.22, 1.2110 (Double Bottom), 1.2082 (Lower W BB)
Resistance levels - 1.2274 (5-DMA), 1.2282 (21-EMA), 1.2303 (200H MA)
Summary: GBP/CHF trades with a bearish bias. Scope for test of Double Bottom at 1.2110.


FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro- Woodies pivot (Major)
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro- Major Pair levels and bias summary 



