FX Watch: Can GBP/CHF Sustain Its Climb In the course of the SNB Decision?

This franc pair has been cruising above a rising trend line nowadays, but will the upcoming SNB announcement shake things up?

Expectations are for a 0.25% rate cut from the Swiss central bank, although there may very well be a case for a bigger easing move and downgraded inflation estimates. To top it off, we would get some jawboning from SNB head Thomas, too!

Here’s what I’m watching on GBP/CHF.

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