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vladt34
Oct 27, 2019 11:50 AM

GBPCHF 

BRITISH POUND / SWISS FRANCICE

Description

GBPCHF since 2011 is trading in the range of 1.15 to 1.55 with very strong reaction from both of this levels. Last two reactions from 1.15 was weaker and perhaps move lower will continue global trend. At the moment instrument is moving towards upper TL which is confirmed with three touches prior and gap above @1.33 maybe a target. Swap rates are still positive for GBP so buying this pair remains a profitable venue
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