(1,4654) The GBP/CHF confirmed a strong closing but it failed to confirm the break above the resistance of the outside day at 1,4680! Only a daily closing above 1,4680 will postpone further weakness! The indicators of the daily chart are positive but still just above the line while those of the s/t charts are now showing a mixed picture suggesting some consolidation/ correction. The move up formed bearish divergences suggesting a positive tone but the signals are not strong enough to call this cross higher. However, while above the 200 hours line, today at 1,4618, we can still see higher levels suggesting a 1,47 overshooting. We stay on the sideline for now
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