Quick Trading Levels of GBPCHF and GBPJPY – BOE and SNB Awaited!
FX Junkies are anxiously awaiting the Bank of England (BOE) and Swiss National Bank today. Considering this, let's take a quick look at maj
FX Junkies are anxiously awaiting the Bank of England (BOE) and Swiss National Bank today. Considering this, let's take a quick look at major trading levels to attain more grip over the crosses. Newbies must check out our Support and Resistance Trading Strategies to trade these levels profitably.
GBPCHF – Major Trading Levels
Support Resistance
1.2703 1.2779
1.2672 1.2824
1.2627 1.2855
Key Trading Level: 1.2748
GBPJPY – Major Trading Levels
Support Resistance
145.49 146.51
145.06 147.1
144.47 147.53
Key Trading Level: 146.08
While I'm working on levels, SNB just released the Libor rate decision and have decided to keep it unchanged at -0.75%. The market reaction is muted. Perhaps, the investors are waiting for the BOE at 11:00 (GMT). Good luck.
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