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Pound-Franc Rate Finds Floor at Major Multi-Year lows

  • Written by Joaquin Monfort

CHF

GBP/CHF is already 0.80% down since the start of the week, but studies of the charts indicate the pair is trading on a major historic floor, and this could provide some welcome relief.

Read more: Pound-Franc Rate Finds Floor at Major Multi-Year lows

Pound-Franc Trading Along Major Trendline, Bias Still Bearish

  • Written by Joaquin Monfort

CHF

The Pound-to-Franc exchange rate is trading at around 1.2383 at the time of writing and has entered its tenth down week in a row. Studies of the charts indicate the pair is finding support on a major floor and its sideways trend will probably prolong over the next few days.

Read more: Pound-Franc Trading Along Major Trendline, Bias Still Bearish

Pound / Franc: January Lows Loom Large

  • Written by Joaquin Monfort

GBP/CHF

The Pound-to-Franc exchange rate is trading at around 1.2367 at the time of writing, down half a percent on the same point one week ago, and the charts seem to suggest more losses for the pair over the next few days.

Read more: Pound / Franc: January Lows Loom Large