GBPUSD’s Bearish Bias Struggling at 1.30 Handle

GBPUSD continues to tackle the 1.3000 barrier, which has proven to be more durable, holding strong since mid-March. That said, the falling simple moving averages (SMAs) are endorsing the descent, and appear to be reinforcing bearish defences, which are dampening bullish prospects in the pair. Moreover, negative momentum has yet to show signs of significant […]

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