(1,4380) The GBP/CHF confirmed on Friday a weak closing below the low of the previous session but it failed yet to break the support of the inside day at 1,4340 that has however been tested. The indicators of the daily chart are however still positive as well as those of the weekly one. The indicators of the s/t charts are mixed this morning supporting some consolidation. Bullish divergences in the hourly chart support a negative tone. Possible move up are therefore corrective. We expect another test on the downside! We stay short with the stop at 1,4565 for a 1,4320 undershooting!
Read the full report: GBPCHF 08.26
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