(1,4362) GBP/CHF formed on Friday a negative day reversal but only a daily closing tonight below 1,4302 will confirm a s/t top. The weekly closing was strong above the top of the previous week. The indicators of the daily chart are still well positive, however already showing potential negative reversals; those of the weekly one remain under pressure suggesting still lower levels. The indicators of the s/t charts are mixed suggesting some consolidation. Positive reversal are suggesting higher levels for this cross, scenery that only a break below 1,4260 confirmed by an hourly closing will support lower levels!! Despite the positive s/t scenery the m/t one is suggesting some attention; however we could still see a 1,45 overshooting before lower levels!! We stay on the sideline!!
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