Thursday, October 15, 2026

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GBP/CHF breaks major trend line support at 1.5150, targets 1.4925

GBP/CHF has broken major trend line support 1.5150 and this confirms short term weakness, decline till 1.5000/1.4925 cannot be ruled out. Intraday bullishness can be seen only above 1.5230 and break above 1.5230 targets …

By Lis Howell
1 min read
GBP/CHF breaks major trend line support at 1.5150, targets 1.4925
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  • GBP/CHF has broken major trend line support 1.5150 and this confirms short term weakness, decline till 1.5000/1.4925 cannot be ruled out.

  • Intraday bullishness can be seen only above 1.5230 and break above 1.5230 targets 1.5265/ 1.5325.

  • On the downside minor support is around 1.5120 and break below targets 1.5000/1.4925.

It is good to sell 1.5130-35 with SL around 1.5230 for the TP of 1.5000/1.4925

 

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