Hello, GBP/CHF pair reached low @ 2.4503 from high 2.4584 on Tuesday. Yesterday was in 93 pips range from 2.4580 and 2.4487 to close 2.4553. Today in Asia seasons opens high 2.4590 to 2.4535. On daily chart MACD histogram starts to decline and it is in negative territory with -0.0008 today, -0.0003 yesterday. This is the negative divergence in pair. Probably scenario is that the pair will go up a little beat more before the correction start with big power. Be patience!!! Have a good trading
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June 28, 2007
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