GBP/CHF chart - Trading View
Technical Analysis: Bias Bearish
- GBP/CHF was trading 0.26% higher on the day at 1.2443 at around 11:10 GMT
- The pair has paused downside at major trendline support at 1.24, breach below to see further downside
- MACD is biased bearish. ADX is rising in support of the downtrend
- GMMA indicator shows major and minor trend are strongly bearish
- Volatility is high and momentum is strongly bearish, scope for further downside
Support levels - 1.24 (trendline), 1.2378 (50% Fib), 1.2318 (20-month MA)
Resistance levels - 1.2506 (5-DMA), 1.2542 (38.2% Fib), 1.2598 (200H MA)
Summary: GBP/CHF recovery lacks traction. Outlook is bearish. Break below 1.24 handle will drive more weakness.


FxWirePro: GBP/NZD gains some ground but bias is still bearish
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: AUD/USD dips after RBA Governor speech
Major Pair Action Bias: Bullish Pairs to Watch Out For
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 



