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Chart - Courtesy Trading View
GBP/CHF was trading 0.71% higher on the day at 1.2484 at around 10:20 GMT.
The pair spiked higher after UK jobs data, extends gains for the 4th consecutive session.
British pound gained positive traction on Tuesday after mostly upbeat UK employment details.
Data released from the UK showed that the jobless rate declined more than expected, to 4.3% during the three months to September.
Further, number of people claiming unemployment-related benefits dropped by 14.9K in October as against the fall of 51.1K reported in the previous month.
Overnight hawkish comments by the Bank of England (BOE) Governor Andrew Bailey also added to the positive bias.
Bailey said that he was very uneasy about the inflation outlook and that all future policy meetings are now in play for a rate rise.
GBP/CHF has broken above 21-EMA. Technical indicators have turned bullish on the daily charts. Bulls eye 55-EMA at 1.2538.
