Technical Analysis – GBPUSD breaches critical 1.36 level; can rally be sustained?
GBPUSD jumped to a 16-week high during today’s European session, challenging the 1.3620 price level. The price has been moving in an uptrend since March 2017 confirmed by higher peaks and higher bottoms. Prices broke above 1.3610 and are trading above their medium-term simple moving averages (50, 100 and 200). The bullish picture in the short to medium-term […]