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GBPCHF SHORT TRADE

Short
FX:GBPCHF   Sterlina / Franco svizzero
GBP is bearish due to Bank of England rate cut risks is rasing owing to the data of the GDP MM was much worse than the forecast (Forecast: 0.0%, Actual: -0.3%), and its inflation fell below levels that were not expected. However, we are bullish on CHF after United Sates adds Switzerland to the currency manipulator watchlist.

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