GBP/CHF has been trading in an observable uptrend since the pair bounced from the 1.0800 psychological handle. Aside from overall U.S. dollar weakness boosting "riskier" bets like GBP, pound bulls also received support from the Bank of England (BOE) turning out to be more hawkish than the markets had expected last week. Add to that a general risk-friendly trading environment from "peak interest rate" speculations among the major central banks and we have a cool uptrend for GBP/CHF. So what's up with the pair's downswing?!