GBP/CHF Technical Analysis

(1,4650) The GBP/CHF confirmed yesterday further consolidation interior the outside day with 1,4680 – 1,4530 still the levels to follow in the coming hours. Only a daily closing above 1,4680 will postpone further weakness! The monthly closing was strong above the top of the previous month. The indicators of the daily chart are still just above the line but those of the monthly one are well positive. The indicators of the s/t charts are also still rather positive but not fully convincing. While above the 200 hours line, today at 1,4616, we can still see higher levels suggesting a 1,47 overshooting. We stay on the sideline for now

Read the full report: GBPCHF 10.01

 

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