GBPUSD keeps hovering with weak momentum marginally above the 1.3000 level despite its flash slide to a new 16-month low of 1.2981 last Friday. The bearish bias remains intact as the RSI is maintaining a clear negative trajectory and is still some distance above its 30 oversold level. The Stochastics are preparing for another negative […]
The post GBPUSD Builds Floor Around 1.3000; Bias Bearish appeared first on Action Forex.