(1,4620) GBP/CHF confirmed a negative closing but still well off the low of the session. In general we can expect further weakness. The indicators of the daily chart are turning below the line but did not yet close in negative territory. The indicators of the s/t ones are mixed this morning suggesting further consolidation/ correction. While below 1,4660 we expect another test on the downside with a possible undershooting of yesterday’s low for a drop toward 1,44!! In fact the decline confirmed a complex S_H_S formation with the neck line at 1,4620!
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