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TECHS: GBPCHF is looking interesting.......>

STERLING
STERLING: TECHS: GBPCHF is looking interesting this morning. The cross has
traded above an important short-term resistance at 1.2776, Jan 24 high and also
the top of the recent range. Clearance of the 1.2800 handle would add further
weight to a bullish case and open 1.2895, the Jan 1 high. Initial support is at
1.2766.
- Cable had a good session yesterday and if it can trade above 1.3070, this
would allow for an extension higher.
- USDCHF is edging higher and maintains this month's uptrend with the focus on
0.9819 next.

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