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Will GBPCHF Rise to New Heights?
British Pound / Swiss Franc
Long
Will GBPCHF Rise to New Heights?
By NovaFX23
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Dec 3, 2024
5
2
2
Dec 3, 2024
GBPCHF traded within a consolidation range for two weeks until a key news event triggered a bullish breakout.
The pair decisively broke through a resistance level on the 4-hour chart, signaling the potential for further upward momentum.
Key target levels to monitor are 1.1260 and 1.1287.
Candlestick Analysis
Chart Patterns
Support and Resistance
NovaFX23
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