16 Jun 2015
GBP/CHF rises to 2-week highs
FXStreet (Córdoba) - The pound continues to rise against the Swiss Franc and today reached the strongest level since May 27. GBP/CHF rose toward 1.4600, extending to 450 pips the rally from last week lows.
GBP/CHF supported by a strong pound
Sterling continues to be the best performer among European currencies. The Greek crisis continues to weigh on the Euro and the Swissy. GBP/CHF has risen in five out of the last six trading days.
Today the pair broke decisively above 1.4500 and peaked at 1.4595. Currently trades at 1.4590, still near the 1.4600 psychological area. To the upside, above 1.4600 the next key resistance lies at 1.4680/90, where May highs lie.
GBP/CHF supported by a strong pound
Sterling continues to be the best performer among European currencies. The Greek crisis continues to weigh on the Euro and the Swissy. GBP/CHF has risen in five out of the last six trading days.
Today the pair broke decisively above 1.4500 and peaked at 1.4595. Currently trades at 1.4590, still near the 1.4600 psychological area. To the upside, above 1.4600 the next key resistance lies at 1.4680/90, where May highs lie.