(1,4705) GBP/CHF formed a positive day reversal suggesting a retest of the 200 days line at 1,4745 with even a possible overshooting suggesting a test of the 1,48 area if not even 1,50!! The indicators of the daily chart are still well positive and this morning also those of the s/t ones are in positive territory supporting further strength. Only a return below 1,4580 will postpone further strength causing a deeper correction. While above 1,4670 on an hourly closing the scenery will remain positive suggesting an extension of the move up toward a s/t target at 1,4839!! We stay on the sideline.
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Future Trend