GBPUSD reversed from the resistance zone Likely to fall to support level 1.2530 GBPUSD currency pair recently reversed from the resistance zone between the resistance level 1.2700, the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The downward reversal from this resistance zone created the daily Japanese candlesticks […]
GBPUSD advances to its highest level since March 13 But the advance starts to look overstretched Momentum indicators approach overbought conditions GBPUSD has been in a steady recovery following its bounce off the 2024 bottom of 1.2298, with the price violating both the 50- and 200-day simple moving averages (SMAs). On Tuesday, the pair posted a […]
The post GBPUSD Surges to Fresh 2-Month High appeared first on Action Forex.
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