(1,4406) GBP/CHF formed again a negative day reversal yesterday but only a daily closing tonight below 1,4360 will confirm a s/t top. The indicators of the daily chart are however still well positive supporting higher levels. Those of the s/t ones are also positive more or less supporting further strength. In the s/t only a move below 1,4360 will postpone further strength favouring a deeper correction with the 200 hours line at 1,4319 the attraction. We do still favour higher levels suggesting a 1,45 overshooting, move that we suggest selling for a return toward the 200 hours line!
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Future Trend Research