GBP/USD faces tough resistance around 20-SMA and 61.8% Fibonacci. Positive momentum appears to be waning. GBPUSD continues to consolidate after the rebound from the January low of 1.2099 ran out of steam around the 1.3000 area in mid-March. Uncertainty surrounding Trump’s tariffs is likely making it difficult for the bulls to charge ahead with confidence […]

The post GBP/USD Turns Sideways as 20-SMA Blocks Advances appeared first on Action Forex.