Technical Analysis – GBPUSD maintains neutral stance in short and medium term
GBPUSD maintains a neutral stance both in the short and medium term. The recent one-month uptrend that took the pair to 1.3550 in early December has reversed lower but prices managed to stay above the 50-day moving average. Downward pressure has eased and a strong support zone has formed around the key 1.3300 level and the […]