GBPCHF Chart Technical Outlook is consolidating within an expanding wedge suggesting hesitation in the market. UK inflation data adds to the case for unchanged interest rates on Thursday, which is GBP supportive, but investors’ caution ahead of the Fed´s decision gives some advantage to the safe-haven CHF. A break of 1.1180 and 1.1230 would confirm a bullish flag pattern aiming for 1.1400 and 1.1515. Supports are 1.1100 and 1.1025.
