GBP/CHF chart on Trading View used for analysis
- GBP/CHF struggles at 1.31 handle, edges lower from session highs at 1.3099 to trade at 1.3077 at tht time of writing.
- The pair finds stiff resistance at 200-DMA, break above to see further gains.
- Technical indicators support upside. Stochs are sharply higher and RSI is above 50 mark, bias higher.
- We see +ve DMI dominance and MACD is on verge of a bullish crossover on signal line.
- Price action has edged above major EMAs and is extending gains above daily cloud.
- Break above 200-DMA targets 61.8% Fib at 1.3322. Weakness likely on dip below 20-DMA.
Support levels - 1.2956 (20-DMA), 1.2877 (100-DMA)
Resistance levels - 1.3162 (Upper BB), 1.3322 (61.8% Fib)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: USD/JPY edges higher but bulls lack punch
China's Refining Industry Faces Major Shakeup Amid Challenges
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Woodies pivot (Major)
2025 Market Outlook: Key January Events to Watch
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
Energy Sector Outlook 2025: AI's Role and Market Dynamics
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 



