(1,4560) GBP/CHF formed a positive outside day after a test of the 1,44 area. We have now 1,4580 – 1,4395 the levels to follow in the coming hours. A daily closing above 1,4580 will support another test on the upside. The indicators of the daily chart are however still well negative but those of the weekly one remain above the line for now, supported by a positive closing on Friday. The indicators of the s/t charts are also positive supporting further strength. While above the 200 hours line at 1,45365 we expect further strength toward 1,46 if not even 1,47 where again we suggest sell!!
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Future Trend