Standard Bank bets on GBP/CHF

Analysts at Standard Bank recommend a long in GBP/CHF at 1.4990 with an initial target of 1.5100 and a stop at 1.4610.

They say that indicators of GBP/CHF have turned bullish.

GBPCHF daily

GBP/CHF daily

They also recommend short CHF/JPY at 114.90 with a target of 113.70 and at stop at 117.00.

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