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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✅MY Free Signals
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✅Personal Telegram
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✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.