GBP/CHF Technical Analysis

(1,4254) The GBP/CHF confirmed another strong closing above the top of the previous session suggesting further upside potential. The indicators of the daily chart are however still below the line for now while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. While above 1,4205 on an hourly closing we expect a retest of yesterday’s top with even an overshooting toward a potential target at 1,4333!! We avoid shorting this cross for now!!

Read the full report: GBPCHF 08.06

 

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