GBP/CHF Technical Analysis

(1,4550) The GBP/CHF is confirming further strength after the strong closing last night. We expect a test of the resistance line at 1,4560 where it could find some supply. A break above this line confirmed by a daily closing will support further and more important strength toward the key level at 1,4820!! The indicators of the daily chart are still well positive supporting higher levels; those of the s/t charts are also positive with bearish divergences confirming a positive tone. We wait for a decent correction to buy for a break above 1,4560!!

Read the full report: GBPCHF 09.03

 

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