FxWirePro: GBP/CHF Trade Idea

• Major resistance- 1.3350.
   
• GBP/CHF was consolidating in narrow range after hitting high of 1.33560. The pair broken major resistance at 1.33560 on Friday and jumped till 1.33622. It is currently trading around 1.33461.
   
• On the higher side, any close above 1.3350 will take the pair till 1.3400/1.3470 in the short term.
   
• The near term support is around 1.3320 (Hourly Kijun-Sen) and any break below will drag the pair till 1.32800 (200- H EMA). Intraday weakness can be seen only below 1.32800. Any break below will drag the pair till 1.3220/1.31735.  
• It is good to buy on dips around 1.3330 with SL around 1.3280 for the TP of 1.3400/1.3470

Resistance
 

R1-1.3360
 

R2 -1.3400
 

R3-1.3470
 

Support               
 

S1-1.3320
 

S2-1.3280
 

S3- 1.3220