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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, “The pair thrust above strong resistance at 99.94. A closing break above this would be positive, opening 103.74 – support is at 99.18 ahead of 96.82, suggesting a neutral intraday outlook.”

As for the GBP/USD, the weakness is held by the key support at 1.5183, which was tested on Friday. A closing break below this would a strong bearish development, exposing 1.5009. Resistance is at 1.5279 ahead of 1.5390. Finally, regarding the USD/CHF, yesterday the pair again saw the test of critical resistance at 0.9484; a closing break above this would be positive opening 0.9568. Support is at 0.9407 ahead of 0.9361.
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