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GBP / CHF is characterized by a secular 33 quarters cycle, which has absolutely respected the expectations of the last quarter of 2011; its historical low of 1,147 has given the strength to restart the market until the current 1.50.
However, if we consider the short term analysis, we can see a new positive time window for those who want to ride this secular trend. Starting from the low of last December, GBP / CHF (long Sterling short Franc) has realized with a great precision a primary low every 17 weeks and the last two weeks are very close to a classical technical analysis. A cyclic appointment characterized by a bottom at 1.4827 first and then a bullish engulfing pattern on a weekly scale able to "lock down" the bullish movement. Every single minimum cycle has always pushed GBP / CHF during the last year above the previous top, and then, in this case, 1.5487 might have its hours numbered.
However, if we consider the short term analysis, we can see a new positive time window for those who want to ride this secular trend. Starting from the low of last December, GBP / CHF (long Sterling short Franc) has realized with a great precision a primary low every 17 weeks and the last two weeks are very close to a classical technical analysis. A cyclic appointment characterized by a bottom at 1.4827 first and then a bullish engulfing pattern on a weekly scale able to "lock down" the bullish movement. Every single minimum cycle has always pushed GBP / CHF during the last year above the previous top, and then, in this case, 1.5487 might have its hours numbered.
