GBPUSD traded higher on Friday, after hitting support at 1.1770. The pair has been printing higher lows since August 23, but it is still trading below the downtrend line drawn from the high of August 10, as well as below all the moving averages. This implies that the pair is in a corrective phase within […]
The post GBPUSD Corrects Higher, But Stays in a Downtrend appeared first on Action Forex.
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