workingtraders

$GBPCHF trying to create a short term base.

FX:GBPCHF   British Pound / Swiss Franc


Risk to GBP is going to be elections . So far we see headlines move the pair erratically.

Hawkish comments by carney.
Low inflation is sparking consumer spending which what I like to see to support a rate hike.
BoE deputy governor Ben Broadbent says in an interview that bad deflation isn't a threat to Britain
Good deflation helping boost demand and output

If this pair is going to move up we need to break the downward trend pressure.

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