GBPCHF Resuming The Bullish Move After The Employment Data

GBPCHF Resuming The Bullish Move After The Employment Data

yesterday the UK reported an improvement in Employment data.

The first impact was negative as the current speculation is still high but as
we can see today the market is clearer and the British Pound is showing its strength.

One good part of the bearish movement yesterday was related also to some comments made by BOE's representatives related to a possible rate cut during the coming months.

However, all central banks are making such comments.
That is why also that negative impact was deleted again.

You may find more details in the chart!
Thank you and Good Luck!

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