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GBP/CHF: Wedge Break?

GBP/CHF: Wedge Break?

GBP/CHF

Currently we are 1.2997 in a range. We are looking for a break of the descending wedge and then a continuation to the 0.382 Fibo at 1.2943 and a continuation to the 0.500 Fibo at 1.2862. The average daily true range (ATR) for the pair currently is only 199 pips.

GBP/CHF 10 Min Chart

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