The downward rally that GBP/CHF registered between 5 and 12 of April met stopped in the zone of 61.8 % of Fibonaci's setbacks (from 1.41692 to 1.51804).
From April 12 until this day, the Pound Sterling has quoted opposite to the Franco Suizo in the range of 61.8 % and 50 % of Fibonaci, and has marked a strong zone of Support that ranges between the 1.4520 - 1.4540.
If the Support was managing to break, the following support level might be the zone of 1.4400.
To the Rise, the Resistance is the zone of 50 % of Fibonaci, inside a range of values of 1.4680 - 1.4700, which of managing to break would turn into his new Support, having the zone of the 1.4850 as new relevant Resistance.
