Here you will find a collection of the most recent articles and videos examining the GBP/CHF currency pair.
Japan posted disappointing Trade Balance figures for February today, although it did little to affect the USD/JPY pair. Read more >>
GBP/CHF has broken the 1.30 area, and now is pressing the 1.32 level. The 1.32 area looks like resistance area that has to be taken out. The pair looks very strong, and the SNB is willing to support it - so there is no reason to fight them on it. EUR/CHF has broken above the 1.15 area, and quite convincingly on Friday. The 1.18 is the next resistance level, and it appears that we are heading straight there. The market has bounced quite hard recently, but to be honest - this move is very small considering the strength of the downtrend in this pair for the last few years. Play video >>
The GBP/USD pushed higher on Tuesday as the cable continues to get a bid. It is approaching the 1.65 area, and could face a large amount of resistance in the region. The pair does look bullish, and the most recent low didn't make a new low either - but anticipating this move could get you hurt. We are waiting to see if the daily candle closes above 1.65, and if it does - we are very bullish until roughly 1.68 or so. The GBP/CHF pair broke through the 1.30 area on Tuesday, and even broke the top of a shooting star in the process from Monday. However, with the Swiss National Bank making announcements as to their intentions to devalue the Franc on Wednesday, only fools rush into this pair right now. True, it looks very strong technically - but there is simply too much headline risk at the moment. The wise trader waits to see the reaction to this announcement, and then places the trade. Play video >>
The GBP/CHF shot straight up during the Thursday session as a member of the SNB was quoted as suggesting that a peg to the Euro is one possibility to help stem the rise of the Franc. Of course, this isn't a policy decision, and it isn't official business, so one feels that it is only a matter of time before we see a continuation of the selling pressure. We are currently eying between this area and 1.25 as an excellent place in which to sell if we get bearish action. The EUR/CHF pair is doing much the same move. The level that we are approaching is the 1.10 area, and we feel that any bearish action will be sold and sold hard. The trend is still down, and will continue to be so for the foreseeable future. Play video >>
The GBP/USD pair shot straight up on Wednesday, confirming the bullish hammer on Tuesday. The pair is just under the 1.65 area, which should serve as a form of resistance. The pair could be bullish, but we only feel comfortable once a daily close above 1.65 happens. Until then, we expect choppy trading conditions. GBP/CHF shot up as well, but mainly because the Swiss National Bank decided to cut rates in order to make the Franc a little less attractive to traders. The bounce was short-lived though, as traders began to short this pair again after the surprise move. This shows exactly how weak this pair really is. We are still happy with selling rallies. Play video >>
GBP/CHF is one of the biggest downtrends in the Forex markets. Because of this, we always sell it, and we are presently watching this pair as it is rising. GBP/USD fell andGBP/CHF is one of the biggest downtrends in the Forex markets. Because of this, we always sell it, and we are presently watching this pair as it is rising. GBP/USD fell and bonced form the 1.60 level yet again bonced form the 1.60 level yet again. Play video >>
The GBP/USD pair fired off a buy signal again on Monday. The GBP/CHF pair looks like it is basing at this level as yet another hammer gets printed. We are looking to sell at much higher levels. Play video >>
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