GBPUSD registered a fresh five month high of 1.2987 before pulling back, cementing the new uptrend off the 1.1957 bottom. The 20-period simple moving average, which is sloping comfortably upwards and above the longer-term SMAs, increases the odds for a continuation of the bullish wave as well. The RSI, however, has been flattening above its overbought mark […]