GBPUSD could not close successfully above the 1.1988 – 1.2000 bar (2016 – 2019 base) last week, with the price erasing its latest bullish attempt to chart a new two-year low at 1.1844 early on Tuesday. The market is lacking conviction for a meaningful bounce back as the RSI keeps hovering comfortably below its 50 […]
The post GBPUSD Drives Down a Slippery Road; 1.1700 Next in Focus appeared first on Action Forex.
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