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AM.FX
Aug 4, 2016 1:40 PM

GBPCHF Buy Long

British Pound/Swiss FrancFXCM

Description

Market fully priced in rate cut and partially priced in expansion of quantitative easing. Time for a larger correction upwards for GBPCHF, especially when USDCHF is overvalued and SNB will actively intervene to weaken it. Bull flag formation forming with huge demand underneath current spot price.
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