FX Watch: Can GBP/CHF Sustain Its Climb During the SNB Decision?

This franc pair has been cruising above a rising trend line these days, but will the upcoming SNB announcement shake things up?

Expectations are for a 0.25% rate cut from the Swiss central bank, although there could be a case for a larger easing move and downgraded inflation estimates. To top it off, we might get some jawboning from SNB head Thomas, too!

Here’s what I’m watching on GBP/CHF.