The Pound-Franc rate has broken above a key trendline drawn from the April 16 highs and is consolidating before a probable extension higher.
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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 …
Read more … →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 unwi…
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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 foreca…
Read more … →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 Ther…
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