(1,4492) GBP/CHF confirmed a positive closing again above the 55 m.a. line. While above 1,4425 we expect still a little higher levels with the 200 days line at 1,4666 the attraction! The indicators of the daily chart are however still well negative while those of the s/t ones still show a mixed picture suggesting further consolidation. The cross confirmed a test of the 1,4560 area where it found however good resistance turning lower. We stay on the sideline for now while waiting for stronger signals!!
Read the full report: GBPCHF 06.18
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