6 Nov 2013
GBP/CHF slightly higher in consolidation mode around 1.4664
FXstreet.com (Athens) – The GBP/CHFs slighty boosted by the risk on sentiment that prevails in Asia market, as well as due to the sharp uprend movement of the GBP/JPY, GBP/USD.
The GBP/CHF is trading mostly sidelines today in consolidation mode, which might be plausible after having earned approximately 165 pips since early Monday. What’s more, the cross found solid support amidst a risk-appetite environment, alongside with the surging GBP/JPY, GBP/CHF.
Technical Aspects on the GBP/CHF
At the time of writing the GBP/CHF is trading at 1.4666, up 0.05%. The FXstreet.com Trend Index shows the pair to be slightly bullish in the 15-minutes timeframe chart. Daily pivot point support can be found at 1.4589, 1.4553, 1.4516, and resistance at 0.4741, 1.4778 and 1.4815, respectively.
The GBP/CHF is trading mostly sidelines today in consolidation mode, which might be plausible after having earned approximately 165 pips since early Monday. What’s more, the cross found solid support amidst a risk-appetite environment, alongside with the surging GBP/JPY, GBP/CHF.
Technical Aspects on the GBP/CHF
At the time of writing the GBP/CHF is trading at 1.4666, up 0.05%. The FXstreet.com Trend Index shows the pair to be slightly bullish in the 15-minutes timeframe chart. Daily pivot point support can be found at 1.4589, 1.4553, 1.4516, and resistance at 0.4741, 1.4778 and 1.4815, respectively.