(1,4625) GBP/CHF confirmed further consolidation interior the inside day with 1,4765 – 1,4490 still the levels to follow. Only a daily closing below 1,4490 will favour lower levels with the 100 days line at 1,4431 the first attraction!! The indicators of the daily chart are however still below the line but those of the s/t ones turned above the line this morning supporting the present move up that we believe to be corrective. We expect an extension of the rally toward the 200 hours line, now found at 1,4671 if not evne a 1,47 overshooting. We suggest waiting for this possible extension of the correction to sell with a stop above 1,4790!! We sell a 1,47 overshooting!!
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Future Trend
