GBPCHF currency pair under the bullish pressure after the earlier upward reversal from the support area located between the major support level 1.25500 (which has been reversing the pair form July), lower daily Bollinger Band and the upward-sloping support trendline from the middle of January. Given the clear daily uptrend and the moderately bullish sterling sentiment – GBPCHF currency pair can be expected to rise further toward the next resistance level 1.27000 – followed by the resistance level 1.28000.
