(1,4772) GBP/CHF confirmed also yesterday a further closing above the 200 days line, now s/t support at 1,4732; while above this line we favour a further extension of the move up toward 1,50. The weekly closing was positive supporting further strength toward the 200 weeks line, now found at 1,5209!! The indicators of the daily chart are still well positive but still overbought while showing potential negative reversals; those of the weekly one are also positive. The indicators of the s/t charts are also positive this morning suggesting further upside potential. While above 1,4700 we expect further strength toward our s/t target at 1,4839!! We stay on the sideline.
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Future Trend