The Swiss franc strengthened against the British pound this week following the drop in market sentiment, and we are likely to see the GBP/CHF fall lower over the remainder of the week as investors curb their appetite for high risk/reward investments however, the pair may continue to hold a tight range over the near-term as the Swiss National Bank pledges to stem the appreciation in the low-yielding currency.
Currency Pair: GBP/CHF Chart: 60 Min Charts Short-Term Bias: Flat
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posted by srikanth....july1
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