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GBPCHF News

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Last Updated Date: 8 February 2022 @ 9:51 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPCHF market continues to unfold a bull flag upturn and suggests advances over the next several days to reach for 1.2557. Near term trade may ease back into flagging congestion, but staying over 1.2545 keeps trade biased to the upside. A close under 1.2409 is needed to signal a reversing turn back to lower levels.
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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.