USD/CHF – The CHF traded in a relatively tight range.USD/CHF – 1.1768 – 1.1657 (Sell )
GBP/USD - had a rather wild session on Friday starting the Asian session around the 1.5620 level before dropping to a low of 1.5535 and then powering to an o/n high of 1.5880 during the NY session on the back of a worst than expected US jobs data before ending in NY below the 1.5700 handle.
On GBP/USD we can see some strong movement today as we are waiting for PPI (OCT) from UK. Down side move has two level 1.568 (70.0%) and 1.5576 (78.6%).
GBP has done his 70% retracemnet for his last up side move from 1.3682 (2001) to 2.1160 (2007), next level is 1.5282 (78.6%).
GBP/USD – 1.5576 – 1.6094 1st level, 2nd level is 1.6094 (Buy )