UK Sterling vs Swiss Franc (FX:GBPCHF)
2 Years : From Dec 2011 to Dec 2013
The Swiss franc extended previous session's rally against other major currencies in late Asian trading on Thursday.
The franc is presently quoted at 1.4243 against the pound, its highest level since November 25, 2011. On the upside, the alpine currency may find target around the 1.4230 level.
The Swiss franc also jumped to new multi-month highs of 88.40 against the yen and 0.9075 against the US dollar around 2:00 am ET. On the upside, the franc may find resistance levels at 0.9065 against the greenback and 89.0 versus the yen.
Against the euro, the Switzerland currency touched a 3-week high of 1.2053 around 2:00 am ET. The euro-franc pair is presently worth 1.2060 with 1.2030 seen as the next likely target level.