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Pound-Franc Rate Reaches Support Zone Raising Possibility of Bounce

  • Written by Joaquin Monfort

GBP to CHF

Studies of the GBP/CHF charts suggest the pair is reaching a strong support zone that might offer some near-term relief, however confidence in Sterling's ability to resist the Franc's advances is low.

Read more: Pound-Franc Rate Reaches Support Zone Raising Possibility of Bounce

Pound-Franc Exchange Rate: 'Measured Move' Price Pattern in Control, SNB Ahead

  • Written by Joaquin Monfort

Swiss Franc

The Pound-to-Franc exchange rate is trading at around 1.2334 at the time of writing after falling 2.00% last week and studies of the charts suggest a continuation of the new uptrend, subject to a break above recent highs.

Read more: Pound-Franc Exchange Rate: 'Measured Move' Price Pattern in Control, SNB Ahead

Pound-Franc Rate's Rally Bounces into a 'Glass Ceiling'

  • Written by Joaquin Monfort

Swiss Franc

Studies of the GBP/CHF charts are turning increasingly bullish and suggest the establishment of a new uptrend, though tough resistance stands in the way of further gains and longer-term charts are ambiguous.

Read more: Pound-Franc Rate's Rally Bounces into a 'Glass Ceiling'

Bet on the Pound Against the Franc: Julius Baer

  • Written by Gary Howes

Bet on recovery in Stelring

Swiss investment bank Julius Baer have recommended clients 'go long' on Sterling against the Swiss Franc, saying "a recovery has likely started."

Read more: Bet on the Pound Against the Franc: Julius Baer