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29 Dec 2014
GBP/CHF forms a Doji candle
FXStreet (Mumbai) - The GBP/CHF pair has recovered from the lows to trade largely unchanged for the day, thereby forming a DOji candle on the daily charts.
The pair currently hovers close to the previous session’s close at 1.5371 levels. Earlier today, the pair clocked a low of 1.5357 only to recover the losses due to a weak UBS Swiss consumption indicator, which fell to 1.29 points in November from a revised 1.32 points in the previous month. Meanwhile, gains in the pair have been capped around 1.5380 levels.
GBP/CHF Technical Levels
The immediate resistance is seen at 1.5380, followed by another resistance at 1.5401. Meanwhile, support is seen at 1.5343(5-DMA) and 1.5326 levels.
The pair currently hovers close to the previous session’s close at 1.5371 levels. Earlier today, the pair clocked a low of 1.5357 only to recover the losses due to a weak UBS Swiss consumption indicator, which fell to 1.29 points in November from a revised 1.32 points in the previous month. Meanwhile, gains in the pair have been capped around 1.5380 levels.
GBP/CHF Technical Levels
The immediate resistance is seen at 1.5380, followed by another resistance at 1.5401. Meanwhile, support is seen at 1.5343(5-DMA) and 1.5326 levels.