Chart - Courtesy Trading View
Spot Analysis:
GBP/CHF is extending weakness, the pair refreshes 18-month low below 1.17 mark
Previous Week's High/ Low: 1.1896/ 1.1718
Previous Session's High/ Low: 1.1803/ 1.1718
Technical Analysis:
- GBP/CHF is extending weakness for the 3rd straight week
- Price action is below major moving averages which are trending lower
- Momentum is bearish and volatility is high and rising
- MACD and ADX support downside in the pair
- GMMA indicator shows major and minor trend are strongly bearish
Major Support and Resistance Levels:
Support - 1.1614 (Lower BB), Resistance - 1.1745 (5-DMA)
Summary: GBP/CHF trades with a bearish technical bias. Scope for test of new multi-month lows.


BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/AUD under pressure as pound continues to weaken
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 



