British Pound/Swiss Franc (GBP/CHF) Exchange Rate
GBP/CHF Pivot Points
GBP/CHF Advanced Live Chart
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An external member of the Bank of England’s Monetary Policy Committee, Michael Saunders, who voted for an unsuccessful expansion of the bond-buying program.
Mervyn King, the Bank of England Governor during the 2008 financial crisis, warns that overconfidence in a V-shaped recovery is not warranted.
According to the latest economic assessment by the EY ITEM Club, a UK-based economic forecasting club established in 1977 to provide independent research, the negative impact of the global Covid-19 pandemic will last three years.
An extension to the Brexit transition period is now considered, due to the global Covid-19 pandemic.
A bullish chart pattern is emerging in the GBP/CHF, following the collapse in this currency pair on the back of panic selling.
Despite the Bank of England’s 50 basis point interest rate cut to 0.25%, the British Pound held up well.
Following UK Prime Minister Johnson’s landslide electoral victory, clarity for businesses allowed February to post the strongest increase in activity in ten months.
After this currency pair recorded a higher high and pushed through its descending 50.0 Fibonacci Retracement Fan Resistance Level, a reversal emerged.
Mixed UK economic data is adding to downside pressure in the British Pound, with Brexit roughly two weeks away.
Brexit is thirty days away, but the UK will remain under EU rules and regulations until the transition period is concluded on December 31st 2020.
As the UK election results were announced last week, the British Pound extended its surge. Prime Minister Johnson secured an 80-seat majority in Parliament,
Following the election of a new Speaker of the House of Commons in the UK, uncertainty about next month’s snap election as well as Brexit remained elevated; it took four ballots to get the new speaker elected.
UK Prime Minister Boris Johnson lost yesterday’s Parliament vote for a snap election on December 12th 2019, but he will try again today.
Cautious optimism in regards to Brexit starts to establish, but with the EU summit only two days away it remains an unlikely breakthrough to accomplish as divisions remain.
House prices in the UK posted an unexpected monthly contraction in September, but the data was not sufficient to pressure the British Pound to the downside.
Today at 1030 local time, the UK Supreme Court will hand down its judgement if Prime Minister Boris Johnson’s prorogation of Parliament was lawful or not.
As the likelihood of a no deal Brexit decreased, the British Pound rallied off extremely depressed levels.
The British pound has broken to the upside against most currencies around the world, and it seems as if we are continuing to see a lot of congruence