(1,4224) GBP/CHF formed a small positive day reversal but overall the cross is still interior the negative outside day with 1,4350 – 1,4205 still the levels to follow in the coming hours. Only a daily closing below 1,4205 will support further weakness!! The indicators of the daily chart are still below the line supporting further weakness and at the moment also those of the s/t ones are below the line suggesting further possible pressure. However, while above 1,4210 on an hourly closing we favour still a little higher levels for this cross with the 200 hours line at 1,4292 the attraction. We stay on the sideline waiting for stronger signals.
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Future Trend Research