A major risk to the market view appeared when the SNB Chairman mentioned that the greatest risk to the inflation outlook is a weak Swiss Franc. His comments immediately saw the currency strengthen. GBP/CHF approaches 1.1245 with the potential to test the 200 SMA. The blue 50 SMA appears as dynamic resistance.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.