(1,4500) GBP/CHF formed a positive day reversal but only a daily closing above 1,4505 will confirm a s/t bottom supporting a return toward the 200 days line now found at 1,4673!! The indicators of the daily chart are still well negative but those of the s/t ones turned above the line supporting the correction. The drop formed however fresh divergences suggesting the present move up is corrective. We try therefore a short position but for now only above 1,4600 level; the cross could however find resistance already at 1,4560 where we start therefore selling small!!
Read the full report: GBPCHF 06.14
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