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GBPUSD Shows Some Positive Signs But Outlook Remains Neutral

GBPUSD rebounded off the 200-day simple moving average (SMA), which overlaps with the 23.6% Fibonacci retracement level of the up leg from 1.0325 to 1.2450 at 1.2050 and also found support on a potential uptrend line. However, the market is still developing within a medium-term trading range with an upper boundary the 1.2450 resistance level and a lower boundary the 1.1845 […] The post GBPUSD Shows Some Positive Signs But Outlook Remains Neutral appeared first on Action Forex... Read More

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Gbpusd

Shows

Some

Positive

Signs

Outlook

Remains

Neutral

Forex

Posted: Feb 14 2023, 08:40

Author Name: actionforex

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