$GBPCHF - Strong support building + Case for Rate hikes.
GBP Strong data print
Gross Domestic Product (YoY) Expected - 2.4% vs 2.9%
Gross Domestic Product (QoQ) Expected - 0.3% vs 0.4%
CHF - Negative deposit rate + Negative implications of floor removal.
EURGBP (-80%) correlation
Gross Domestic Product (YoY) Expected - 2.4% vs 2.9%
Gross Domestic Product (QoQ) Expected - 0.3% vs 0.4%
CHF - Negative deposit rate + Negative implications of floor removal.
EURGBP (-80%) correlation