GBP/CHF could easily rally to between 1.30 and 1.40 over the next 12 months – UBS
The firm says that a combination of a Brexit deal and improving risk sentiment would easily help the pair jump higher
UBS strategists are arguing that hedge funds are relatively under-positioning for a Brexit deal and that the pound can get a meaningful bounce even on a “skinny deal” outcome, while rising confidence in a cyclical upswing should weigh on the franc.
“From a spot handle of 1.20, we could easily envisage a rally to between 1.30 and 1.40 in 12 months’ time.”
It is easy to put two and two together, since their view requires the backing of some form of Brexit compromise and easing of lockdown measures as the virus situation abates.
I reckon the latter may have a more meaningful impact as it ties more to the reflation trade, but the first stumbling block ahead of the year-end will be Brexit.
We’ll see if negotiators will come up with something, otherwise this view on GBP/CHF may very well be short-lived if we’re headed for a no-deal outcome – as unlikely as it is.
Source: Technical analysis
Comments (56)
… [Trackback]
[…] Info to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Here you will find 15194 more Info to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More Information here to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Find More Information here on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Find More Information here to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Find More on on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More on on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Find More on on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
cheap generic cialis In both regimens, dexamethasone 8 mg, granisetron 1 mg, and furosemide 20 mg were given before cisplatin CDDP infusion
tab ivermectin 3mg Ketorolac Approved by the FDA in November 1989 and used for short term management up to 5 days of moderately or severe acute pain that otherwise would require narcotics
In the steady state the combination of water intake and water produced by the body from oxidation balances water losses from the skin, lungs, urine, and gastrointestinal GI tract lasix diuretic com 20 E2 AD 90 20Viagra 20Fiyatlar 2025 20Mg 20 20Femalegra 20100mg 20Lady 20Viagra femalegra 100mg lady viagra Early indications are that the helicopter was caught in a thunderstorm, said Loretta Conley, a spokeswoman for the company that owns the craft
buy cialis online uk EBLWV FbJmP Gmac rO7 O5 h dIU1K lh, Qh 5Z6bHa_TPr l orIoe k
guaranteed cheapest kamagra Postural symptoms early after discharge can sometimes lead to indiscriminate reduction or discontinuation of recommended therapies
… [Trackback]
[…] Read More Info here on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] There you can find 41562 additional Information to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More on to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://accounts.binance.com/it/register-person?ref=YY80CKRN
… [Trackback]
[…] Find More on on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
I recently tried CBD gummies because the first cbd gummies thc circumstance and they exceeded my expectations. The correctness was charming, and they helped me unwind and relax. My appetite noticeably decreased, and I felt a meaning of whole well-being. These gummies are age a requisite in my self-care routine. Highly vouch for for a logical and balsamic experience.
I recently embarked on a gad about to thrive autoflower weed seeds recompense the key duration, and it was an incredibly cheap pot seeds fruitful experience. As a beginner, I was initially apprehensive, but the alter turned out to be surprisingly straightforward. Beginning crazy, the germination aspect was uniform sailing. The seeds sprouted with all speed, and their vigor was impressive. I followed the recommended guidelines regarding lighting, nutrients, and watering, and the plants responded positively. Harmonious of the biggest advantages of autoflowering strains is their capability faculty to automatically conversion from vegetative proliferation to flowering, regardless of light cycle.
Very nice blog post. I definitely love this site. Stick with it!
I really like reading through a post that can make men and women think. Also thank you for allowing me to comment!
Awesome! Its genuinely remarkable post I have got much clear idea regarding from this post
For the reason that the admin of this site is working no uncertainty very quickly it will be renowned due to its quality contents. Watch bbc persian news
naturally like your web site however you need to take a look at the spelling on several of your posts.
I very delighted to find this internet site on bing just what I was searching for as well saved to fav
… [Trackback]
[…] There you can find 74816 more Information on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
I just like the helpful information you provide in your articles
Awesome! Its genuinely remarkable post I have got much clear idea regarding from this post
… [Trackback]
[…] There you will find 47755 additional Information on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
Great post Thank you, look forward to the continuation. dubai live race
… [Trackback]
[…] Find More here on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Here you can find 56304 additional Info to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
Metal reclaiming and utilization center Aluminum waste collection Scrap aluminium market assessment
Metal scrap weighing, Aluminum electrical cable scrap, Resource conservation in metal scrap industry
Metal scrap transportation logistics Aluminium recycling operations Aluminium scrap pollution prevention
Metal waste reutilization, Recycle aluminum cables for cash, Scrap metal value extraction
Metal reclaiming and salvage Scrap metal export-import regulations for aluminum Scrap aluminium product development
Scrap metal reclamation center services, Aluminum cable recycling cost, Metal reclaiming and recovery
Metal reclaiming depot Aluminium scrap trading dynamics Eco-friendly aluminium recycling
Industrial metal salvage, Aluminum cable scrap recycling methods, Scrap metal transaction transparency
Scrap metal disposal regulations Aluminium recovery process Global aluminium scrap market
Metal residue reprocessing, Economic value of aluminum cable scrap, Metal scrap reclamation yard
… [Trackback]
[…] Info to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
Scrap metal melting Non-ferrous metal recycling Iron scrap salvage depot
Ferrous material waste elimination, Iron reclamation yard services, Metal scrap reclamation and utilization
Scrap metal recycling center Ferrous metal packaging Iron recycle center
Ferrous material employee well-being, Iron recovery and reuse, Metal reclaiming yard collection
… [Trackback]
[…] Find More here on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
Scrap metal reclaiming yard services Ferrous metal waste disposal Iron reclamation solutions
Ferrous metal market dynamics, Iron repurposing, Metal reclamation and salvage
Scrap metal import regulations Ferrous scrap emergency preparedness Iron scrap reclaiming center
Ferrous material recycling productivity, Iron scrap dealer, Scrap metal value extraction
Scrap metal collection Ferrous material consumer outreach Scrap iron reclaiming operations
Ferrous material reclamation services, Iron scrap utilization and trading, Scrap metal processing facility
… [Trackback]
[…] Find More Info here to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] Read More Information here to that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]
… [Trackback]
[…] There you can find 78223 more Information on that Topic: dayfinanceltd.com/gbp-chf-could-easily-rally-to-between-1-30-and-1-40-over-the-next-12-months-ubs/ […]