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workingtraders
Jun 30, 2015 6:54 PM

$GBPCHF - Strong support building + Case for Rate hikes. Long

FX:GBPCHF1D
British Pound/Swiss FrancFXCM

Description

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GBP Strong data print

Gross Domestic Product (YoY) Expected - 2.4% vs 2.9%
Gross Domestic Product (QoQ) Expected - 0.3% vs 0.4%

CHF - Negative deposit rate + Negative implications of floor removal.

EURGBP (-80%) correlation
GBPCHFEURGBPGBPUSD
Comments
workingtraders
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Looking for greece to pass before I enter. The correlation to eurgbp makes erratic trading
IvanLabrie
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Excellent.
We might see a nice rally soon.
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