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GBPCHF approaches 1.1245

British Pound / Swiss Franc (OANDA:GBPCHF)  
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OANDA:GBPCHF   British Pound / Swiss Franc
Trend Analysis Technical Indicators Fundamental Analysis GBPCHF Forex futures signals xayahtrading
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trendanalysis indicator fundamental gbpchf forex futures signals xayahtrading
A major risk to the market view appeared when the SNB Chairman mentioned that the greatest risk to the inflation outlook is a weak Swiss Franc. His comments immediately saw the currency strengthen. GBP/CHF approaches 1.1245 with the potential to test the 200 SMA. The blue 50 SMA appears as dynamic resistance.

GBPCHF tries to find resistance after recovery
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