GBPCHF: If the SNB will stop price manipulation
GBPCHF: If the SNB will stop price manipulation
Over the past year, we have seen that the SNB manipulated the strength of the CHF to maintain a lower inflation rate.
Yesterday we saw another quick sell-off across all CHF-related currency pairs.
Maybe it was the SNB again because the move was bizarre.
However, given that GBP recovered quickly this time, I think we could see GBPCHF rise further over the coming weeks and possibly test one of the strongest resistance areas
close to 1.1520
You should know that all CHF-related currency pairs are very risky due to the actions of the SNB.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Over the past year, we have seen that the SNB manipulated the strength of the CHF to maintain a lower inflation rate.
Yesterday we saw another quick sell-off across all CHF-related currency pairs.
Maybe it was the SNB again because the move was bizarre.
However, given that GBP recovered quickly this time, I think we could see GBPCHF rise further over the coming weeks and possibly test one of the strongest resistance areas
close to 1.1520
You should know that all CHF-related currency pairs are very risky due to the actions of the SNB.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.