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GBP/CHF

By Thomas Long, Course Instructor
31 August 2010 13:41 GMT

This daily chart of the GBP/CHF shows that this market easily moved down through support to new 2010 lows. This type of a move is more indicative of a real change in sentiment of the GBP, so we should be keeping an eye on this currency to see if the selling continues to the point where the GBP becomes weaker than the EUR.

GBPCHF_body_65857d1283261861-chart-day-gbpchf-831.png, GBP/CHF

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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31 August 2010 13:41 GMT