GBPCHF News

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Last Updated Date: 16 January 2023 @ 1:18 PM (UTC)
*Please note that all the dates are in GMT time zone

The GBPCHF market has triggered a short to medium term bear downturn, signaling for a drop to 1.1183 and chance for selloffs to test against 1.1073. A reluctance to extend under 1.1183 will likely prompt near term rebounds, but trade will likely struggle to climb back over 1.1374. 

 
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CFDs are complex instruments that come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is still possible for significant losses to occur; around 78% of retail investor accounts lose money when trading CFDs.
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