GBP/CHF Technical Analysis

(1,4665) GBP/CHF confirmed a strong daily closing last night remaining however below the 200 days line, now found and resistance at 1,4713!! The indicators of the daily chart have returned positive for now while those of the s/t ones are still showing a mixed picture suggesting further consolidation. Only an hourly closing below 1,4635 will resume the decline suggesting a possible drop toward a s/t target at 1,4470!! We sold at 1,47 as suggested. We put a stop at 1,4765 that we want to lower as soon as possible!!

Click here to read the full report: GBPCHF 05.29

 

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