GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro- Woodies pivot (Major) 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
FxWirePro- Woodies pivot (Major) 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro- Major Pair levels and bias summary 
Chart - Courtesy Trading View
GBP/CHF was trading 0.33% higher on the day at 1.2551 at around 11:27 GMT, after closing 0.16% higher in the previous session.
Stronger UK CPI strengthened the case for additional rate hikes this year by the Bank of England and provided an additional boost to the major.
Data released earlier today showed UK consumer inflation rose at the fastest annual pace in nearly 30 years in January. UK headline CPI edged higher to 5.5% YoY rate from 5.4% previous.
Brexit uncertainties capped gains. Tensions over the Northern Ireland Protocol held back traders from placing aggressive bullish bets.
Technical bias is bullish. GMMA indicator shows major and minor trend is bullish. Volatility is high and rising.
Momentum is bullish. RSI has edged above 60 mark. Major moving averages are trending higher.
Support levels - 1.2521 (5-DMA), 1.25, 1.2479 (21-EMA)
Resistance levels - 1.2548 (converged 200-DMA and major trendline), 1.2587 (Upper BB), 1.26
Summary: GBP/CHF is trading with a bullish bias. Watch out for decisive breakout above 200-DMA for further gains.
