The GBP/CHF was trading around 1.3025 late Tuesday after falling almost a percentage point thus far in the week, although signals coming from the charts suggest more losses may be just around the corner for the exchange rate.
May 14,2019
The technical picture for GBP/CHF is more bullish following last week’s surge which almost surpassed the key 1.3423 March highs, and broke above the 200-week moving average (MA) which was capping gains at 1.3274 and was seen as a major obstacle to an upside extension.
May 8,2019
The Pound-to-Franc exchange rate is trading at 1.3182 at the time of writing, and our technical studies suggest the pairs rapid 2019 ascent will struggle to extend in the short-term.
April 29,2019
A clear break above the March highs at 1.3423 could provide confirmation of a continuation up to a target at 1.3600 or higher, although this probably wouldn't happen inside of 1-3 months.
April 25,2019
Pound outlook vs. Swiss Franc: Analysis suggests the Pound can go higher near-term but gains would likely be limited to the next week or two.
April 16,2019
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