GBP/CHF chart - Trading View
GBP/CHF has shown a solid rebound from fresh 10-week lows at 1.2594 and was trading 0.42% higher on the day at 1.2651 at around 10:55 GMT.
The pair has erased most of the previous sessions' losses after downside found strong support at 200-week MA.
The main event of the trading week will be the Bank of England's (BoE) interest rate decision due Thursday at 16:30 GMT.
Focus will be on whether policymakers are ready to talk about tapering asset purchases. Any hint of taper announcement would be a major shift in policy and could boost the British pound.
Pullback in price action has currently held support within the daily cloud. Breach below could drag the pair lower.
Technical analysis does not support major weakness in the pair. Price action is attempting break above 55-EMA resistance at 1.2672.
Series of resistance align till 1.2712. Break above will confirm upside resumption. Retest of yearly highs at 1.3073 likely.


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: NZD/USD edges lower, remains on back foot
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro- Woodies pivot (Major)
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 



