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29 Dec 2014
GBP/CHF drops below 1.5350
FXStreet (Córdoba) - The GBP/CHF pair moved sideways during the Asian session but on European hours turned to the downside. The pair broke below 1.5350 and dropped to 1.5320, hitting a fresh daily low.
Currently trades at 1.5340, down more than 20 pips for the day so far. The pound is also falling against the euro, despite the failure of the Greek Parliament to elect a new president.
GBP/CHF key levels
To the upside, the key resistance continues to be 1.5400, that was tested last week; before the pair could face resistance at 1.5375/80 (Dec 26, 29 high).
To the downside, the two important short term supports lie at 1.5320 (daily low) and 1.5280 (last week lows).
Currently trades at 1.5340, down more than 20 pips for the day so far. The pound is also falling against the euro, despite the failure of the Greek Parliament to elect a new president.
GBP/CHF key levels
To the upside, the key resistance continues to be 1.5400, that was tested last week; before the pair could face resistance at 1.5375/80 (Dec 26, 29 high).
To the downside, the two important short term supports lie at 1.5320 (daily low) and 1.5280 (last week lows).