(1,4250) GBP/CHF failed to confirm also the negative day reversal forming instead a positive one and suggesting further direct strength. Only a daily closing above 1,4320 will support higher levels. The indicators of the daily chart are still positive while those of the s/t ones remain rather mixed. The retest of the 1,43 formed however bearish divergences supporting a positive tone. While above the 200 hours line at 1,4242 we expect therefore further strength. We got stopped out at 1,4257 and for the moment prefer remaining on the sideline!!
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