From a technical perspective, GBP/CHF is forecast to continue rising but global risk sentiment and growing nerves over a looming Brexit vote could shake this exchange rate over coming days.
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The positive overall fundamental outlook for the Pound against the Swiss Franc compliments an on-balance bullish technical picture with the pair now having formed a 'bull flag' continuation pattern…
Read more … →Pound-Swiss Franc exchange rate outlook remains a positive one with a particularly useful chart pattern likely to encourage further buying interest.
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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 …
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