Chart - Courtesy Trading View
GBP/CHF was trading 0.18% lower on the day at 1.1269 at around 12:45 GMT.
The pair has erased early gains and has slipped lower from session highs at 1.1356.
Technical bias for the pair is turning bearish. Price action has taken minor support at 55-EMA at 1.1276.
Momentum is turning bearish. Stochs and RSI are biased lower. 5-DMA is capping upside in the pair.
GMMA indicator shows major and minor trend are bearish on the intraday charts. MACD shows bearish crossover on signal line, Chikou span is biased lower.
The British Pound continues to be weighed down by the Bank of England's dovish rate hike on Thursday.
Break below 55-EMA will drag the pair lower. Dip till daily cloud likely. Bounce off 55-EMA support will see upside resumption.


EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro- Major Crypto levels and bias summary
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro: USD/JPY remains in familiar place on intervention threat
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 



