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GBP/CHF – Rising Wedge?

GBP/CHF – Rising Wedge?

GBP/CHF

Currently we are at 14.4758 in a rising wedge which is bearish for the pair. We are looking to continue to the R5 top at 1.4805 and then reverse to 1.4640. The average daily true range (ATR) for the pair currently is 177 pips.

GBP/CHF Hourly Chart

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