(1,4734) The GBP/CHF is confirming further consolidation interior the new inside day with 1,4825 – 1,4690 still the levels to follow in the coming hours. A break of the support will favour further weakness suggesting a return toward the 200 days line, now found at 1,4470! The indicators of the daily chart are still well positive while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. Only an hourly closing below 1,4705 will postpone further strength supporting a correction that should favour a return of this cross below 1,46. We stay on the sideline!
Read the full report: GBPCHF 09.18
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