GBP/CHF Technical Analysis

(1,4510) GBP/CHF confirmed a nice rebound while however remaining interior the inside day with 1,4550 – 1,4400 still the levels to follow in the coming hours. The indicators of the daily chart are still well positive while however showing potential negative reversals. The indicators of the s/t charts are instead still mixed suggesting further consolidation. The drop toward 1,4415 formed however bullish divergences suggesting a negative tone. The move above 1,45 may therefore be corrective and a selling opportunity. We hope to see a possible 1,45550 overshooting to go short for a retest of the 1,44 area if not even directly lower!!

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