(1,4350) The GBP/CHF is overall still consolidating interior the positive outside day with 1,4355 – 1,4105 still the levels to follow in the coming hours. A break of the resistance confirmed by a daily closing will support higher levels toward the 200 days line at 1,4525!! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further strength. Bearish divergences still confirm a positive tone. While above 1,4305 on an hourly closing we favour a 1,44 overshooting. We stay long but moved again the stop to 1,4303!!
Read the full report: GBPCHF 08.13
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