GBPCHF Bearish Alt Bat UK CPI Ahead

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Our latest long setup has achieved the target zone.

Brexit optimism, relatively hawkish announcements from BoE and promising macroeconomic data from the U.K remain to be supportive for Sterling.

The U.K. CPI is scheduled to release 08:30 GMT.

A worse than expected CPI could trigger the Bearish Alt Bat Pattern.

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