Forex analysis shows upward momentum for EUR/CHF and GBP/CHF

Technical analysis indicates upward momentum for several currency pairs involving the Swiss franc. The EUR/CHF pair has shown signs of upward re-acceleration, with a potential medium-term trend reversal following a rise from its recent bottom at 0.8979. Analysts suggest that if support levels hold, the pair could target resistance at 0.9660 and potentially reach 1.0135 in the medium term.

Similarly, the GBP/CHF pair has broken through a resistance zone located between 1.1000 and a daily triangle trendline. Driven by a strong daily uptrend and bearish sentiment regarding the Swiss franc, the pair is expected to rise toward the next resistance level at 1.1100.