GBP/CHF Exchange Rate Rebounds from July Worst on UK Growth Surprise
Due to persisting Brexit fears and yesterday’s stronger than expected Swiss unemployment data, the GBP/CHF exchange rate touched its worst levels all month. Still, the pair rebounded slightly following the publication of Britain’s latest growth stats.
Mixed global safe haven demand caused the Swiss Franc (CHF) to fall last week, helping GBP/CHF to edge higher from the interbank level of 1.23 to 1.24.
GBP/CHF LONG (Buy)
Enter at: 1.23430