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GBPCNH - 26 March 2023

GBPCNH 26 March 2023 on H1 timeframe, it can be seen if this pair has just penetrated the 61.8 fibo level towards the 100.0 fibo level. Refer to the stochastic and MFI indicators, it is possible for a trend reversal to occur due to overbought. If so then go-short can be an option for scalpers.However if this pair is able to continue to be bullish toward the 100.0 fiba level, then go-long is an option. Trade with your own risk.

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