The GBP/CHF rate ended below a 38.2 percent 50-day Fibonacci in 2024, as the pound weakened slightly. 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 December 19, 2024
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (December 20, 2024). British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of December 19, 2024 [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista. "British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of December 19, 2024." Chart. December 20, 2024. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista. (2024). British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of December 19, 2024. Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista. "British Pound Sterling (Gbp) to Swiss Francs (Chf) Fibonacci Retracement as of December 19, 2024." Statista, Statista Inc., 20 Dec 2024, https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
Statista, British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of December 19, 2024 Statista, https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/ (last visited December 31, 2024)
British pound sterling (GBP) to Swiss francs (CHF) Fibonacci retracement as of December 19, 2024 [Graph], Statista, December 20, 2024. [Online]. Available: https://www.statista.com/statistics/1336424/gbp-chf-fibonacci-retracement/
