Market Conditions for GBPCHF as at May 28, 2020
Loading Market Conditions for GBPCHF (British Pound/Swiss Franc)...
Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for British Pound/Swiss Franc
British Pound/Swiss Franc ProfileThe British Pound/Swiss Franc (GBP/CHF) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. GBP is the base currency and CHF is the quote currency, meaning that 1 British Pound was worth 1.1880 Swiss Franc at the end of the New York trading session on Thursday, 0.09% more than at the previous close.
Technical Analysis Summary for May 28, 2020
The FX pair shows weakness in the short-term (in accordance with its long-term downtrend) with only the medium-term trend still being bullish. Thursday's trading range has been 60 pips (0.51%), that's far below the last trading month's daily average range of 105 pips. Buying might accelerate should prices move above the close-by swing high at 1.1973 where further buy stops could get activated.
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