Gbp/Chf

[GreenApple]

"Should I invest in GBP/CHF Currency Pair?" "Should I trade GBP/CHF pair today?" According to our Forecast System, GBPCHF Forex pair is a not so good long-term (1-year) investment*. "British Pound Sterling / Swiss Franc" predictions are updated every 5 minutes with latest Forex (Foreign Exchange) rates by smart technical market analysis. Q&A about GBPCHF Fx projections.
At Walletinvestor.com we predict future values with technical analysis for wide selection of Forex currency pairs like GBP/CHF. If you are looking for Forex pairs with good return, GBPCHF can be a profitable investment option. GBP/CHF rate equal to 1.279 at 2018-11-23. Based on our forecasts, a long-term increase is expected, the Forex rate prognosis for 2023-11-09 is 1.417. With a 5-year investment, the revenue is expected to be around +10.8%. Your current $100 investment may be up to $110.8 in 2023.
Current Rate: 1.279

[GreenApple]

Symbol Released Current Forecast
British Pound vs. Swiss Franc (GBPCHF) Paid subscribers only Sun, 18 Nov 2018
British Pound vs. Swiss Franc (GBPCHF) Paid subscribers only Sat, 10 Nov 2018
British Pound vs. Swiss Franc (GBPCHF) Paid subscribers only Sun, 4 Nov 2018

[GreenApple]

The Pound’s value has tumbled against the CHF over the past month, losing almost 5 cents at its recent low. GBP/CHF have leveled out slightly over the past few days, with the pair currently trading just under 1.27. The Pound has been under pressure for some time with investors shying away from Sterling, as on-going concerns over Brexit continue to handicap any major advances. If recent media reports are to be believed, then there is seemingly an increasing chance of a no-deal scenario with the EU.

[GreenApple]

It's been a bullish few weeks for the pound's value during September up until now, with the pound gaining on the Swiss Franc by over 3% during this time. Sterling is trading at the highest levels against CHF since early August, which is a similar situation to the pound's performance against the euro. Sterling is climbing against most major currencies at the moment, with hopes of the Irish border issue being resolved shortly. The next EU Summit is just 2-weeks away and I would expect...

[GreenApple]

Sterling has risen back above the 1.30 mark against the Swiss franc during trading this week, as uncertainty over a no deal Brexit appears to be lifting, with there now being a chance of a deal being announced as soon as next week. Sterling has risen against a number of major currencies and has broken back above the 1.30 level against the Swiss franc for the first time since July. Next Thursday and Friday we have the next EU summit regarding Brexit which had originally...

[GreenApple]

The Swiss Franc continues to remain very strong compared with the Pound, and this is reflected in its value which is within 3 cents of its annual high, which was hit at the beginning of last month. Mid-market levels are around 0.77 and the high point was just over 0.80. The highest point in recent times was in the 0.83s a few months after the UK's Brexit vote back in 2016, and these levels are around double those of a decade ago when the Swiss...

[GreenApple]

Break of nearby TL can’t be taken as a sign of CADCHF’s strength as another resistance-line, at 0.7500, and the 0.7515-20 zone, are still standing tall to threaten the Bulls. Given the prices keep advancing above 0.7520, the 0.7565, the 0.7585 and the 0.7600 can be aimed if holding long position. On the downside, the 0.7435, the 0.7400 and an ascending support-line, around 0.7375, could curb the quote’s immediate declines. Though, pair’s drop below 0.7375 has to conquer recent low near 0.7310 in order to test the 61.8% FE level of 0.7280.

[GreenApple]

GBP/CHF
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Unlike previous two CHF pairs, the GBPCHF has one more barrier, namely the 50-day SMA level of 1.2800, to surpass before confronting the decisive trend-line, viz.1.2840. If at all the pair manage to clear the 1.2840 hurdle on a daily closing basis, the 1.2900, the 1.2980 and the 1.3000 may offer intermediate halts during its rise to 200-day SMA level of 1.3025. Alternatively, the 1.2600 and the 1.2550 cab be considered as adjacent rests if the pair takes U-turn from present levels, breaking which 1.2470-60 horizontal-area comes into play. Should Bears continue ruling momentum beneath 1.2460, the 1.2350, the 1.2265 and the 1.2215 may flash in their radars to target.

[GreenApple]

EUR/CHF is also heading towards the five-week long resistance-line mark of 1.1315, which if broken could escalate the pair’s recovery to 1.1360 and the 1.1400 numbers to north whereas 1.1415 and the 1.1455 might question the buyers’ strength afterwards. Assuming the pair’s successful trading beyond 1.1455, the 1.1500 and the 1.1555-60 may gain market attention. If the aforementioned TL pushes the pair downwards, the 1.1260 and the 1.1220 can come-back on the chart. Also, pair’s extended south-run below 1.1220 may make the 1.1180 and the 61.8% FE level of 1.1110 as sellers’ favorites.

[GreenApple]

A month old descending trend-line, at 0.9685, is likely to challenge the USDCHF’s short-covering moves from 0.9600, if not then the pair’s rise to 0.9710 and the 200-day SMA level of 0.9740 seem imminent. However, the 0.9780-90 area could restrict the pair’s upside past-0.9740, failing to which might propel prices to 0.9850-55 and the 0.9900 resistance-levels. Meanwhile, the 0.9600 and a downward slanting support-line, at 0.9580 now, can limit the quote’s immediate declines. In case the pair refrains to respect 0.9580 mark, the 0.9560, the 0.9520 and the 0.9430 are expected following supports to observe.