By: Adam Button
Andy Murray is the first Brit to make Winbledon final since the 1930s. He will play Swiss star Roger Federer on Sunday. GBP/CHF is a virtual a mirror of EUR/GBP but let's take a look. The weekly chart shows GBP/CHF breaking to the highest since 2011 today. So long as the EUR/CHF peg holds, and I believe it will, the pair doesn't face any significant resistance until 1.58, which is the convergence of the 200-day moving average and the 2011 high. Murray will surely be trounced by Roger Federer on Sunday but it's still a great win for the UK ahead of the Olympics. Now, if only Jenson Button could win the British Grand Prix on Sunday.
Andy Murray is the first Brit to make Winbledon final since the 1930s. He will play Swiss star Roger Federer on Sunday. GBP/CHF is a virtual a mirror of EUR/GBP but let's take a look. The weekly chart shows GBP/CHF breaking to the highest since 2011 today. So long as the EUR/CHF peg holds, and I believe it will, the pair doesn't face any significant resistance until 1.58, which is the convergence of the 200-day moving average and the 2011 high. Murray will surely be trounced by Roger Federer on Sunday but it's still a great win for the UK ahead of the Olympics. Now, if only Jenson Button could win the British Grand Prix on Sunday.
