GBP / CHF remains well anchored in a lateral trend that started almost three years ago. Against the Swiss franc, the British pound rebounded above an uptrend straight line starting on October 7, 2016. If it manages to prolong this rebound, like its RSI indicator ironed above 30, the GBP / CHF price could find an old support located at 1.2919 chf, then in case of crossing, the resistance at 1.3415 chf. A break in the trend line, however, would bode well for the value of the Swiss franc, the GBP / CHF exchange rate would roll back to the area between 1.22 - 1.2260 chf, and support at 1.1934 chf


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