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Forex pairs in this Article » USD/CHF, GBP/USD, USD/JPY (New York) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions.

Beginning with the USD/JPY, “Our focus is on the key resistance at 103.74. Downside should be limited with support at 98.16, suggesting a bullish intraday outlook.”

As for the GBP/USD, the pair closed below the key support at 1.5183. This was a strong bearish development, exposing 1.5009 – resistance is at 1.5279. Finally, regarding the USD/CHF, any recovery should be limited with a strong resistance at 1.5368, while support is at 1.5130 ahead of 1.5009.
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