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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, “any upside will be viewed as corrective and unwinding the overextended downside conditions. Resistance is at 99.36 ahead of 100.40. Support is at 99.63 ahead of 94.99, indicating a bearish outlook.”

As for the GBP/USD, as bullish conditions persist, a break above 1.5684 would open the way to test the main resistance at 1.5789 – support is at 1.5426. Finally, regarding the USD/CHF, the pair is consolidating and unwinding the overextended downside conditions of this month. Resistance should hold at 0.9460, while support is at 0.9207.
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