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GBPCHF News

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Last Updated Date: 26 January 2022 @ 2:33 PM (UTC)
*Please note that all the dates are in GMT time zone

The market is signaling a short term turnaround and hints for rallies to 1.2478. Look for attempts to extend rallies, but trade will need to post a close over 1.2478 to attack the previous swing high peaking levels ⇒ 1.2504. Be careful for secondary dips and congestion under 1.2341. A close under 1.2296 (SAR) is bearish. 
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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.