(1,4245) GBP/CHF confirmed a strong closing above the top of the previous session that was already a positive day reversal. We may have a s/t bottom supporting further upside potential. In the s/t we expect a 1,43 overshooting where it will probably find some resistance!!! The indicators of the daily chart are now again above the line and at the moment also those of the s/t ones are in positive territory suggesting a little higher levels. In the hourly chart we have however potential negative reversals but we believe we may see a 1,43 overshooting before another test on the downside. A possible closing tonight above 1,4257 will confirm a bottom!! We’re going to sell a possible 1,4300 overshooting!!
Click here to read the full report: GBPCHF 04.19
Future Trend Research