The GBP/CHF managed to finish the day in the same range it started. However, it should be noted that yesterday’s bearish shooting star was triggered, and then we found massive support. This is actually a very bullish sign, and a hint that we will see an intense fight at the 1.48 level. Until we get clear of 1.50, we cannot go long as that is the top of the resistance level. A break below today’s low would be bearish.
Originally posted here
