Currencies  |  March 16, 2013 17:56:32

Libra is experiencing a volatile period


Recently pound daily swings io hundred pips. If we take the initial value of the pound Tuesday on the currency pair GBP / CHF, so by Thursday strengthened by nearly 300 points. During Friday then the gain is reduced by half. Friday's trading closed at a value close to the S / R level 1.4190. Overall, the pound but not doing very well and is currently at historic lows. Below was only at the end of 2010, when the price fell to 1.1467 against the Swiss franc.

The pound strengthened at the end of the week, even though macroeconomic data from the United Kingdom was not fascinating and pound in any case does not support.
Upcoming trading week are expected britain important data and it can be assumed that the current volatility may still escalate.
Swiss National Bank (SNB) has confirmed its support and efforts to keep the franc at 1.2 francs per euro.

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Libra zažívá volatilní období

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