Saturday, March 12, 2011

Forex – GBP/CHF Down In European Trade

Forex Pros – The British Pound was lower against the Swiss Franc on Friday.

GBP/CHF was trading at 1.4935, down 0.23% at time of writing.

The pair was likely to find support at 1.4920, today’s low, and resistance at 1.5142, Tuesday’s high.

Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.45% to hit 1.5987 and EUR/GBP rising 0.28% to hit 0.8615.

You may be interested in the following articles: Pob proposes controversial changes to audit process.

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