(1,4354) The GBP/CHF confirmed as well a session of consolidation forming a new inside day with 1,4470 – 1,4315 the levels to follow in the coming hours. A daily closing below 1,4315 will support a possible return toward 1,40. The indicators of the daily chart are however still positive but now just at the line while those of the s/t charts are negative this morning supporting lower levels. While below 1,4395 on an hourly closing we expect further downside pressure, scenery confirmed also by a s/t negative tone. We stay short with the stop now just above 1,44!
Read the full report: GBPCHF 08.27
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