GBPUSD has been moving sideways over the last few sessions, remaining above the 200-day simple moving average (SMA) but the momentum is weak for now. The pair is still holding in an ascending tendency after the bounce off the record low of 1.0325; however, the technical oscillators are suggesting a bearish correction may be on […]
The post GBPUSD Flirts With 20- and 200-day SMAs; Weak Momentum appeared first on Action Forex.
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