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31 Dec 2014
GBP/CHF breaks above 1.5400
FXStreet (Córdoba) - GBP/CHF moved steady in a small range during the Asian session and on European hours broke above 1.5400 and climbed to 1.5426, level last seen in early November.
The pound is the best performer against its European counterparts for the second day in a row and also trades at daily highs versus the US dollar.
GBP/CHF technical levels
To the upside, resistance could be seen at 1.5450/55 (November 3 high), 1.5465 (Oct 6, 7 high) and 1.5500. On the opposite direction support might lie at 1.5400, 1.5370 and 1.5315 (Dec 29 low).
The pound is the best performer against its European counterparts for the second day in a row and also trades at daily highs versus the US dollar.
GBP/CHF technical levels
To the upside, resistance could be seen at 1.5450/55 (November 3 high), 1.5465 (Oct 6, 7 high) and 1.5500. On the opposite direction support might lie at 1.5400, 1.5370 and 1.5315 (Dec 29 low).