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 Pound Rises To 4-day High Against Swiss Franc

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fxpulsation




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Join date : 2012-01-25

Pound Rises To 4-day High Against Swiss Franc Empty
PostSubject: Pound Rises To 4-day High Against Swiss Franc   Pound Rises To 4-day High Against Swiss Franc Icon_minitimeWed Sep 19, 2012 11:19 am


Pound Rises To 4-day High Against Swiss Franc


The pound appreciated 0.57 percent to a 4-day high of 1.5101 against the Swiss franc around 11:15 am ET Tuesday from early European session's 4-day low of 1.5014.
The pound-franc pair is presently hovering at a minor resistance above 1.5095 in the 30-minute chart. With MACD and RSI levels remaining relatively healthy, traders expect some near-term bullish trend for the cross and the likely upside target is visible around the 1.5130/40 area.
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