GBPCAD Creeps Up, Eyeing the Falling 200 MA

GBPCAD is sustaining its moderate bullish strides from the recently recorded two-and-a-half-year low of 1.6292, which has now steered the price over the Ichimoku cloud and the 50- and 100-period simple moving averages (SMAs). The unwavering bearish 200-period SMA continues to promote the downtrend. Meanwhile, the softened decline of the 100-period SMA, along with the […]

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