(1,4210) GBP/CHF formed a positive day reversal after the brief 1,4100 undershooting. Only a daily closing above 1,4232 will however confirm a s/t bottom supporting a larger rebound, scenery that we still favour!! The indicators of the daily chart are however still below the line but those of the s/t ones turned all above the line following the rebound. While above 1,4190 on an hourly closing we expect a direct extension of the corrective move up toward the 200 hours line, now found at 1,4259. This extension will be a s/t selling opportunity for a retest below 1,42!! We’re going to sell a possible 1,4270 overshooting!!
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Future Trend Research