(1,4720) GBP/CHF confirmed a 1,48 overshooting before however turning again lower forming a negative day reversal; only a daily closing tonight below 1,4685 will confirm a s/t top favouring lower levels. While above 1,4685 we expect further upside potential! The indicators of the daily chart are still well positive but not overbought showing also potential negative reversals. The indicators of the s/t charts are below the line this morning suggesting further consolidation/ correction. An hourly closing below 1,4685 will support a deeper correction with the 200 hours line at 1,4631 the possible attraction! We stay on the sideline.
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