(1,4500) The GBP/CHF confirmed a strong weekly closing but the daily one was mixed on Friday. While above 1,4420 we expect however further strength but only a daily closing above the 200 days line at 1,4513 will confirm higher levels. The indicators of the daily chart are still well positive and now also those of the weekly one are above the line supporting higher levels. The indicators of the s/t charts are mixed this morning. However while above 1,4420 on an hourly closing we expect further strength suggesting a s/t target at 1,4662!! We keep staying long: moved again the stop to 1,4410!!
Read the full report: GBPCHF 08.19
Future Trend
