(1,4480) GBP/CHF confirmed further consolidation interior the inside day with 1,4680 – 1,4445 still the levels to follow in the coming hours. Only a break below the support at 1,4445 will cause further weakness below 1,44!! The indicators of the daily chart are still well negative and this morning also those of the s/t ones are in negative territory supporting lower levels. Bullish divergences still confirm a negative tone. Only a return above 1,4585 confirmed by an hourly closing will postpone further weakness. We wait for a selling opportunity
Read the full report: GBPCHF 06.07
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