(1,4570) GBP/CHF confirmed still a positive closing last night but it failed to move above 1,56 for now. While above 1,4550 on an hourly closing we may see another test on the upside but only a break above 1,4650 will confirm a possible overshooting toward the 200 days line at 1,4759 where we still want to go short!! The indicators of the daily chart are still well positive but those of the s/t ones are mixed suggesting further consolidation/ correction. In the hourly chart we have even a negative reversal situation suggesting a limited upside potential. the potential target is 1,4410!! We are still waiting for stronger signals.
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Future Trend
