(1,4500) GBP/CHF confirmed another strong closing last night favouring already a 1,45 overshooting, not really what we expected!! A daily closing above 1,4480 will open the way for a return toward the 200 days line now found at 1,4797!! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further strength. However, overbought conditions in now all s/t charts should limit the upside favouring a correction. The move up confirmed also a reversed S_H_S formation supporting now higher levels. In the coming hours we may see a direct extension of the move up especially in case of an hourly closing above 1,4510!! If confirmed we will wait for a 1,46 overshooting to sell again. The move up is corrective, still!!
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