Forex Flash: FX majors differ in intraday outlooks – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions.
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Forex: GBP/CHF rallies to 1.4575 on UK GDP Q1

Having peaked at 1.4499 during the Asian session, the cross erased its gains ahead of hard data in the UK. The publication of a surprisingly higher UK GDP Q1 than expected made the GBP/CHF rally to 1.4575 high in a matter of few minutes.
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