(1,4210) GBP/CHF failed on Friday to confirm another strong closing forming instead a negative day reversal. The weekly closing was positive forming a positive week reversal; only a weekly closing above 1,4320 will confirm a bottom!! The indicators of the daily chart turned again negative and also those of the weekly one are negative. The indicators of the s/t charts are mixed supporting further consolidation/ correction. While above 1,4185 on an hourly closing we expect another test on the upside. We sold the 1,43 overshooting on Friday a suggested. We keep a stop already at 1,4255 while waiting for a 1,4150 undershooting to close it!!
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Future Trend Research