GBPCHF: Retest incoming, then down
We've broken out of a long-standing sideways channel to the lower side, now bouncing off support to retest the broken channel.
I'm expecting a big dump in this paid once the retest is complete, UK economy vs Swiss economy, interest yields etc, no comparison.
The Swiss has been a stand-out performer against most crosses this year, GBP has been clinging on but I think we'll drop again soon.
I'm expecting a big dump in this paid once the retest is complete, UK economy vs Swiss economy, interest yields etc, no comparison.
The Swiss has been a stand-out performer against most crosses this year, GBP has been clinging on but I think we'll drop again soon.
Note
Still looking ok
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.