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GBPCHF News

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Last Updated Date: 9 May 2022 @ 12:02 PM (UTC)
*Please note that all the dates are in GMT time zone

Today’s surge higher suggests a reversing turn to bull trending trade. The market must post a close over 1.2298 to confirm an upturn and project bull trending moves to 1.2344 as well as potential to 1.2371. Congestion in the upper half of Friday’s rally will work on shifting trend forces to the upside. A close under 1.2125 (SAR) is needed to rekindle bear trending.
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