(1,4313) GBP/CHF confirmed a strong closing above the top of the previous session but overall it is still confirming further consolidation interior the inside day with 1,4350 – 1,4215 still the levels to follow in the coming hours/ session. The indicators of the daily chart remain still well positive while those of the s/t ones are at the moment showing a mixed picture suggesting further consolidation. Still only a move above 1,4340 confirmed by an hourly closing will support higher levels suggesting a retest of the 1,44 area. The move up should still be corrective and a selling opportunity! We wait for a 1,4400 overshooting to sell with a stop and reverse above 1,4480.
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Future Trend Research