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The Pound-Franc rate has broken above a key trendline drawn from the April 16 highs and is consolidating before a probable extension higher.
February 13,2019
The Swiss Franc sold off sharply during the overnight session in what has been described as "flash crash", which remains a mystery to traders, although the market is conscious that strength in the safe-haven currency's exchange rate could easily draw the Swiss National Bank into the fold during the coming weeks.
February 11,2019
The Pound-to-Franc exchange rate has broken above a major trendline and is consolidating before a probable extension higher. Longer-term it is predisposed to more upside should Brexit tensions unwind.
February 5,2019
If GBP/CHF can successfully break above the trendline it will open the way higher and suggest a much more bullish outlook, yet, in truth, some major obstacles lie in the way, and the bullish forecast is conditional on a break clearly above them.
January 22,2019
GBP/CHF is trading with a marginally bullish bias at the moment, and technical studies are suggesting a preference for the Pound to rise further versus the Franc although the impending vote on Theresa May’s Brexit deal, and more importantly the aftermath, could shift the dial.
January 15,2019
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