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The Pound starts the new year with a sharp dip against the Swiss Franc, and further losses could occur over the course of January as the GBP/CHF exchange rate threatens to enter into a fresh technical downtrend.
January 2,2020
The Pound has been rising against the Franc since August, in sympathy with the broader rally in Sterling. We would however suggest only a decisive win for the Conservatives at the General Election would provide the impetus required to break GBP/CHF out of this range.
December 4,2019
The Pound-to-Franc exchange rate is quoted at 1.2844 at the time of writing, 0.37% higher than where it opened this week's account, and the setup behind the currency looks to favour further Sterling gains.
November 25,2019
An expected lack of volatility should give higher confidence to those looking to transact in this market: in short, when the Pound falls against the Franc, we would expect any weakness to be short-lived.
November 11,2019
Studies of the Pound-Franc charts suggest the pair is pausing in an uptrend and forming a bullish pattern with the promise of higher exchange rates once it is finished.
November 5,2019
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