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GBPUSD remains above 20-day SMA Stochastic and RSI reflect latest downside move. GBPUSD is notably retreating from the two-and-a-half-year high of 1.3433, meeting the 20-day simple moving average (SMA) at 1.3235. Furthermore, the pair is still hovering above the strong support of 1.3265, but the technical oscillators mirror the latest downside move. The stochastic oscillator […]

The post GBPUSD Slips Near Strong Support of 1.3265 appeared first on Action Forex.

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