GBP pairs continued their upward journey after a brief pause of few days. After the strong labour market figures of last week, the possibility of a rate hike by Bank of England is an additional trigger pushing the pound higher against all the major currencies. I have already had long positions in GBP/JPY, GBP/AUD and GBP/NZD which are over +150 pips and today I have added a position in GBP/CHF.
Let’s see how far these pairs go.
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