Investing.com - The British Pound was higher against the Swiss Franc on Thursday after the release of Swiss data on PPI.
GBP/CHF was trading at 1.4108, up 0.07% at time of writing.
The pair was likely to find support at 1.4057, today’s low, and resistance at 1.4430, Monday’s high.
Earlier in the day, official data showed that Producer price inflation in Switzerland fell to a seasonally adjusted -0.1% last month from -1.2% in the preceding month.
Analysts had expected Swiss PPI to fall -0.1% last month.
Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.30% to hit 1.5705 and EUR/GBP falling 0.18% to hit 0.8740.
GBP/CHF was trading at 1.4108, up 0.07% at time of writing.
The pair was likely to find support at 1.4057, today’s low, and resistance at 1.4430, Monday’s high.
Earlier in the day, official data showed that Producer price inflation in Switzerland fell to a seasonally adjusted -0.1% last month from -1.2% in the preceding month.
Analysts had expected Swiss PPI to fall -0.1% last month.
Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.30% to hit 1.5705 and EUR/GBP falling 0.18% to hit 0.8740.