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- Major resistance- 1.4540 (200 day MA)
- GBP/CHF has made a high of 1.45438 at the time of writing and slightly declined from that level.It is currently trading around 1.45113.
- The pair is struggling to close above 200 day MA and any further bullishness can be seen only above that level.
- Any break above 1.4540 will take the pair till 1.45750/1.4710 (200 W MA).
- On the lower side minor support is around 1.4435 and any break below targets 1.4360/1.4320 (23rd May low).
It is good to sell on rallies around 1.4540 with SL around 1.4575 for the TP of 1.4320
