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GBPCHF News

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Last Updated Date: 19 January 2022 @ 2:19 PM (UTC)
*Please note that all the dates are in GMT time zone

The GBPCHF market is short term up and holds potential for a move to 1.2515. Trade is positioned for pressing rallies the next few days ⇒ 1.2562. Corrective dips and congestion holding 1.2430 should quickly return to rallies. Closes under 1.2445 and 1.2430 are needed for a short term peaking turn for retracement selloffs.
 
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CFDs are complex instruments and 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 possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.