Mon, 19 Dec 2016 09:33:58 GMT
GBP/CHF 4H Chart: Channel Down
The Sterling is in a short term descending channel against the Swiss Franc, as the currency exchange rate trades between the 23.60% Fibonacci retracement level and a December high level. The 23.60% Fibonacci retracement level is located at 1.2764 from the downside, and the December high level is at 1.2894. The December high level has managed to pressure the rate