GBP/CHF may rise to 1.1545 - 1.1757

1.0807 is our pivot point.

Our preference

Rebound towards 1.1757.

Alternative scenario

Below 1.0807, expect 1.0452 and 1.0241.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1121 and 1.1272).

Supports and resistances

1.2180 **

1.1969 *

1.1757 **

1.1545

1.1105 last

1.0946

1.0807 **

1.0452 *

1.0241 **

Number of asterisks represents the strength of support and resistance levels.