GBP/CHF slightly higher in consolidation mode around 1.4664

FXstreet.com (Athens) – The GBP/CHFs slighty boosted by the risk on sentiment that prevails in Asia market, as well as due to the sharp uprend movement of the GBP/JPY, GBP/USD.

The GBP/CHF is trading mostly sidelines today in consolidation mode, which might be plausible after having earned approximately 165 pips since early Monday. What’s more, the cross found solid support amidst a risk-appetite environment, alongside with the surging GBP/JPY, GBP/CHF.

Technical Aspects on the GBP/CHF

At the time of writing the GBP/CHF is trading at 1.4666, up 0.05%. The FXstreet.com Trend Index shows the pair to be slightly bullish in the 15-minutes timeframe chart. Daily pivot point support can be found at 1.4589, 1.4553, 1.4516, and resistance at 0.4741, 1.4778 and 1.4815, respectively.

EUR/JPY ripping higher on technical buying and a “risk-on” attitude globally

After making one more probe to the downside in search of solid ground Tuesday, the EUR/JPY has just started to really move to the upside – long after the BOJ’s minutes were released earlier in the session.
Đọc thêm Previous

Flash: Emerging markets sell-off to peter out - BBH

Looking ahead, the sell-off in emerging markets may start to slow down as chances of a December taper remains slim, at best, notes Marc Chandler, Global Head of Currency Strategy at BBH.
Đọc thêm Next