GBP/CHF Technical Analysis

(1,4595) GBP/CHF confirmed a strong closing on Friday above the top of the previous session but also above the resistance of the inside day at 1,4550. We expect a retest of the 1,4650 area with even a possible overshooting toward the 200 days line at 1,4763 where we want to go short!! The indicators of the daily chart are still well positive and this morning also those of the s/t ones are positive supporting further strength. We avoided on Friday a short position; we prefer waiting for a more clear picture.

Click here to read the full report: GBPCHF 05.06

 

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