GBPUSD surpasses 20-day SMA RSI points up in bullish area Short-term bias positive, but there are more threats higher GBPUSD has reversed back higher again after finding support at the lower boundary of the trading range of 1.2610-1.2785. Currently, the price is rising beyond the 20-day simple moving average (SMA) and is approaching its previous […]
The post GBPUSD Ticks Up in Trading Range appeared first on Action Forex.
Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is still bounded in established range trading and intraday bias remains neutral. Further decline is in favor as long as 1.1666 resistance holds. On the Read more…
ECB rate hike expectations are gaining traction in markets, with growing speculation that tightening could begin as early as April. Major institutions including Barclays and J.P. Morgan are now forecasting an initial move next month, Read more…
Like “snakes on a plane” and “how do you fly this thing again?”, some phrases and situations make for film-worthy content precisely because they are the last thing that one wants to hear as a Read more…