The Pound/Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The Swiss Franc is considered a benchmark safe haven currency due to its history as a refuge for wealthy individuals from foreign shores looking to safe guard capital. In turn, the British Pound is one of the premier reserve currencies and represents the world's largest financial center.
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Weekly British Pound and Swiss Franc Trading Forecast
|GBP/USD Rebound to Succumb to Dovish BoE Testimony, Strong US GDP||bearish|
|Gold Prices Down for a Fifth Week- Outlook Hinges on US GDP||neutral|