(1,4734) The GBP/CHF confirmed a negative closing while remaining interior Friday’s closing forming a new inside day with 1,4825 – 1,4690 now the levels to follow in the coming hours. A break of the support will favour further weakness suggesting a return toward the 200 days line, now found at 1,4470! The indicators of the daily chart are still well positive but those of the s/t ones returned below the line supporting further consolidation/ correction. Still only an hourly closing below 1,4715 will postpone further strength supporting a correction that should favour a return of this cross below 1,46. We stay on the sideline!
Read the full report: GBPCHF 09.17
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