Chart - Courtesy Trading View
Spot Analysis:
GBP/CHF was trading 0.09% lower on the day at 1.1200 at around 07:15 GMT.
Previous Week's High/ Low: 1.1268/ 1.1104
Previous Session's High/ Low: 1.1256/ 1.1179
Fundamental Overview:
Upbeat prints of second-tier UK data fail to overcome inflation woes. Traders fear that the UK inflation woes are strong enough to derail recently upbeat statistics.
Caution seen ahead of the key public appearance of Bank of England (BoE) Governor Andrew Bailey.
Selling pressure continues despite solid UK Retail Sales. British Retail Consortium (BRC) reported UK Like-for-Like Retail Sales (Dec) climbed to 6.5% vs. the former release of 4.1% on an annual basis.
Technical Analysis:
- GBP/CHF trades within the daily cloud
- Recovery attempts capped at 21-EMA
- Stochs are biased higher, RSI flat below 50
- MACD is on verge of bullish crossover on signal line
Major Support and Resistance Levels:
Support - 1.1191 (5-DMA), 1.1055 (Lower BB)
Resistance - 1.1230 (1-EMA), 1.1276 (55-EMA)
Summary: GBP/CHF finds stiff resistance at 21-EMA. Watch out for decisive break above for further upside.


ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
FxWirePro: USD/ZAR sell bias remains below key resistance zone
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Crypto levels and bias summary
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 



