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Pound-to-Franc Rate Uptrend Still Intact, Poised for Further Gains

  • Written by Joaquin Monfort

The Pound-to-Franc rate was trading around 1.3138 Thursday after after having fallen 1.5% in the week before. It is slightly up this week after Brexit risks eased due to the increasing chances of a longer delay to the Brexit process, an eventual customs union or even a second referendum.

Read more: Pound-to-Franc Rate Uptrend Still Intact, Poised for Further Gains

This USD/CHF Rebound is just Another Chance to Sell says Hantec's Perry

  • Written by Joaquin Monfort

The USD/CHF rate rebounded from earlier losses during the latter half of this week, posing the question of whether a more sustained recovery this month's losses could be on the horizon, although at least one analyst says it won't be long before the exchange rate resumes its earlier decline. 

Read more: This USD/CHF Rebound is just Another Chance to Sell says Hantec's Perry

GBP/CHF Rate Poised for More Gains after Double-bottom Pattern Completes  

  • Written by Joaquin Monfort

The GBP/CHF rate was trading around 1.3260 Tuesday after having fallen -0.3% so far this week, although the exchange rate could be steeling itself for a leg higher following the completion of a double-bottom patter on the charts. 

Read more: GBP/CHF Rate Poised for More Gains after Double-bottom Pattern Completes