GBPUSD has been in a prolonged downtrend since the beginning of the year, generating a clear structure of lower highs and lower lows. Although the pair managed to find its feet at the 37-year low of 1.1404 and recoup some losses, it is a long path ahead until it reverses its bearish long-term structure. The momentum […]
The post GBPUSD Bounces off 37-Year Low, Downtrend Intact appeared first on Action Forex.
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