(1,4640) The GBP/CHF confirmed a negative closing but it failed to confirm Friday’s negative day reversal. Nevertheless we could see a little lower levels, move that we expect however to be still corrective! The indicators of the daily chart are still well positive but those of the s/t ones turned below the line supporting further consolidation/ correction. Possible therefore a test of the 200 hours line at 1,4569 if not even a little lower. We suggest waiting for this extension of the correction to buy this cross!!
Read the full report: GBPCHF 09.10
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