A major risk to the market view appeared when the SNB Chairman mentioned that the greatest risk to the inflation outlook is a weak Swiss Franc. His comments immediately saw the currency strengthen. GBP/CHF approaches 1.1245 with the potential to test the 200 SMA. The blue 50 SMA appears as dynamic resistance.

GBPCHF tries to find resistance after recovery
ForexFundamental AnalysisfuturesGBPCHFTechnical IndicatorssignalsTrend Analysisxayahtrading

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