Pennant formation on the GBPCHF poised to break higher
GBPCHF
In this section, you will find our latest GBPCHF news and analysis, you will also be able to read about its history, and find a live chart for technical analysis.
What is GBPCHF?
GBPCHF is the fx pair that shows the exchange rate of the British Pound (GBP) against the Swiss Franc (CHF). The GBPCHF rate is telling investors how many Swiss Francs are needed to buy one British Pound. The Swiss Franc currency is considered by investors as a safe haven asset due to its history as a refuge for wealthy portfolios from global economic and geopolitical risks. Swiss Franc is mostly a stable currency with low volatility so the most critical currency in determining the GBPCHF exchange rate is the British Pound which moves as the British economy fundamentals change over time.
Related currencies: GBPCAD – GBPCHF – GBPINR – GBPJPY – GBPUSD.
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The GBPCHF pair bounced from recent lows near 1.1300 recently but the move may be running out of steam and...
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One of the currency pairs on “holiday” this summer, the GBPCHF, sees signs of life. It pushed back to the...
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The GBPCHF cross broke higher out of a bullish flag consolidation and now threatens to move above 1.20. As we...