(1,4534) GBP/CHF confirmed a new s/t high before however it plunged again lower forming a negative outside day reversal. We have now 1,4675 – 1,4525 the levels to follow in the coming hours. A daily closing below 1,4525 will support a possible return toward the 1,44 area! The indicators of the daily chart are still well positive but those of the s/t ones turned all below the line supporting further consolidation/ correction. This morning it already broke below the support line, now resistance at 1,4550; while below this line we expect a return below 1,45. We missed a selling opportunity but we were looking for a 1,47 overshooting!!
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Future Trend
