(1,4502) GBP/CHF failed to confirm Thursday’s positive day reversal forming instead a negative one. While above 1,4425 we expect however a little higher levels with the 200 days line at 1,4669 the attraction! The indicators of the daily chart are however still well negative but those of the s/t ones remain still above the line supporting further strength. While above the 200 hours line at 1,4496 we expect a test of the resistance line at 1,4545. A possible move up is still corrective, therefore a selling opportunity!!
Read the full report: GBPCHF 06.17
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