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GBPUSD Returns Back Inside Recent Rectangle

GBPUSD Returns Back Inside Recent Rectangle
GBPUSD bulls’ upside breakout proved short-lived. They managed to record a higher high of 1.2546 on April 14, 2023, but the pair has returned back inside the rectangle that has formed since Nov 21, 2022. This range-trading activity has resulted in a tightening of the Bollinger Bands and a convergence of the 50- and 100-day […] The post GBPUSD Returns Back Inside Recent Rectangle appeared first on Action Forex... Read More
Posted: Apr 18 2023, 07:35
Author Name: actionforex
Views: 082084

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