GBP/CHF Technical Analysis

(1,4415) GBP/CHF confirmed a strong closing last night, even above 1,44 suggesting further upside potential toward 1,4480!! The indicators of the daily chart are still positive as well as those of the s/t ones supporting further strength. However, overbought conditions in the s/t charts could start limiting the upside favouring a correction. Therefore we’re going to sell a 1,4450 overshooting putting however a stop just above 1,45.

Click here to read the full report: GBPCHF 04.24

 

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