GBP to CHF technical outlook

Pound-Swiss Franc exchange rate outlook remains a positive one with a particularly useful chart pattern likely to encourage further buying interest.

February 20,2019

Pound Franc

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

Pound to Franc

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

Swiss Franc exchange rates

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

Page 32 of 39

Theme: GKNEWS