The GBP/CHF rate neared 100 percent level of 50-day Fibonacci in February 12, 2025, as the pound has strengthen slightly against Swiss francs. Fibonacci - based off the famous infinite math sequence from 13-century Italy - is a metric often used in FX trading to find key levels of support and resistance. Essentially, the sequence potentially reveals thresholds on which traders can buy or sell assets and are typically set as profit targets. When these retracements are met, traders will act.
British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025
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British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025
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Statista. (February 13, 2025). British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025 [Graph]. In Statista. Retrieved April 22, 2025, from https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista. "British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025." Chart. February 13, 2025. Statista. Accessed April 22, 2025. https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista. (2025). British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025. Statista. Statista Inc.. Accessed: April 22, 2025. https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista. "British Pound Sterling (Gbp) to Swiss Francs (Chf) Fibonacci Retracement as of February 12, 2025." Statista, Statista Inc., 13 Feb 2025, https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista, British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025 Statista, https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/ (last visited April 22, 2025)
British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of February 12, 2025 [Graph], Statista, February 13, 2025. [Online]. Available: https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
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