Forex

GBP-USD @ 2.0352/56...Bullish Biased
R: 2.0409 / 2.0450
S: 2.0320 / 2.0280
GBP-USD has had a sharp rally during the day and further gains are likely in the pair over the next few hours as well. The immediate Resistance is likely at 2.0409, the statistically projected Max high for the day. Above that the Resistance would be expected at 2.0450.

On the downside the Supports are at 2.0320 and then at 2.0280. The bias is bullish. Buying dips could be considered.



USD-CHF @ 1.0083/88.....SNB Meeting Today
R: 1.0120 / 1.0160
S: 1.0000 / 0.9960
USD-CHF slipped to a low of 1.0043 during the day and the big level of 1.0000 continues to be in focus. One would assume that level would be defended vigorously as lots of option triggers could be present below that level. Importantly, today the SNB interest rate decision could induce volatility in the pair as well.

Today the Resistances would come in at 1.0120 and then at 1.0160
ASD-USD @ 0.9381/85...Bullish Biased
R: 0.9410 / 0.9435 / 0.9480
S: 0.9410 / 0.9435