(1,4535) GBP/CHF confirmed a nice rebound finding however resistance already below 1,4670 before plunging again lower for a retest of the 1,4460 area. The closing was negative suggesting further downside risk!! The indicators of the daily chart are in fact still well negative; they formed also a S_H_S formation with however down sloping neck line, therefore probably less powerful. The indicators of the s/t chartsare also negative this morning supporting further weakness. Fresh bullish divergences confirm a negative tone. Only a move above 1,4670 confirmed by an hourly closing will postpone further weakness. We wait for a selling opportunity
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