sfc95

Bearish for short and long term.

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FX:GBPCHF   Libra Esterlina/Franco Suíço
The lira in relation to the Swiss franc is bullish... well, a return is normal, the price cannot just fall constantly.
But in the long term there is no good news for the gbp, the news of new money printing has come, which is actually very bad in the long term, so very bearish. We have this resistance from where we will more than likely have a rejection followed soon by a small decrease. So don't buy now, it doesn't make sense... you will block your money or lose it if you close in the red or if you use leverage without having enough liquidity.

In the long term, the Swiss franc is more stable, inflation in Switzerland is lower than in the UK and the Swiss don't print other money (which is why we actually have inflation as well)

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